Public debt levels have been on the rise over the past decade and this dynamic has been exacerbated further by the Covid-19 pandemic. This report aims to shed light on the lack of transparency
in the case of sovereign bonds of middle- and low-income countries.

Dive deeper into key Sovereign Bond data from Sleep now in the fire: Sovereign Bonds and the Covid-19 Debt Crisis in this interactive infographic.

The failure of the IMF to respond to the Covid-19 crisis highlights the need for urgent international financial architecture reform. Eurodad's debt team analyse the data in this infograph.

We are at a crucial juncture. Global discussions on how to respond to low- and middle-income countries’ increasing debt burdens could lead us to a prolonged debt crisis in the global south, especially in Africa, or to game-changing debt architecture reform. The question is: What path will high-income countries choose?

The Covid-19 crisis threatens to erode two-decades' of progress on poverty reduction in Bangladesh. This difficult situation highlights the need for a more ambitious response to the crisis.

As countries face the difficult challenge of recovering from the Covid-19 pandemic, civil society is calling on the IMF to finally close the gap between its rhetoric and practice by no longer recommending austerity measures in long-term loan programmes.

While Covid-19 has had a limited impact on the health of Grenada's population, the economic impact of the virus has been devastating. 

Nepal has been caught in a blizzard of economic and health challenges caused by the Covid-19 pandemic. Like other countries in the global south, it has received insufficient and inadequate support to tackle these challenges. The consequences of the lack of international solidarity are being felt by the most vulnerable people across the country.

Covid-19 has unleashed a crisis of unimaginable proportions. In this compilation of reports and briefings released throughout 2020, we review the impact of the pandemic on debt and development finance.

Read the book in English, French and Spanish.

• Eurodad analysis shows Covid-19 ‘recovery packages’ could force tax increases and spending cuts in 80 developing countries by 2023, threatening achievement of SDGs.
• 59 countries have fiscal consolidation plans over next three years that are almost five times larger than Covid-19 response packages implemented in 2020