World Bank

Long Term Solutions are Required to Resolve the Latest Sovereign Debt Crisis

As the International Monetary Fund (IMF) and World Bank hold their spring meetings this week, the African Sovereign Debt Justice Network, (AfSDJN), calls on IMF and World Bank Members to add to their agenda for consideration of their Fall Meeting from October 15-17, 2021, long term solutions for Africa’s sovereign debt crisis.

Keynote Address by Denise Namburete Civil Society Forum on African Sovereign Debt ahead of the March 17-21 African Finance, Development and Planning Ministers Meeting

March 22, 2021

I am thankful to the organisers of this Forum for the invitation to speak on African sovereign debt ahead of the African Finance, Development and Planning Ministers Meeting from March 17th to 21st, 2021. As Civil Society Organizations, we are meeting at a crucial time, as African leaders devise strategies to support the continent’s recovery from COVID-19 induced economic devastation.

I am angry but Hopeful.

Fifth Sovereign Debt News Update: Kenya, Zimbabwe, Ghana's Debt Crisis in Context

The African Sovereign Debt Justice Network brings to you an update of African sovereign debt news and updates on events and happenings on and about Africa that reveal how sovereign debt issues are engaged by the various stakeholders.

The Proposal of a Digital Services Tax amid the Tax Reform Debates in Brazil

Brazil has been a challenging environment for businesses, in great part, due to the complexity and inefficiency of its tax system. Despite some controversy about the necessity of a wide and structural tax reform, the topic has been treated as a priority by the President and Congressional leaders, but the bills that currently address the tax reform have struggled to make significant progress in the Brazilian Congress. Besides, uncertainties remain as the Federal Administration may present and endorse a proposal, which could include the creation of a Digital Services Tax (“DST”).