Interesting analysis of the relationship between external public debt service and public expenditures. Expenditure in areas such as agriculture, environment and education tends to decrease when debt service goes up (with the caveat that the analysis doesn't mean to establish a causal relationship).

Net negative transfers on external public debt in middle and low-income countries continued in 2023. Public sectors in these countries paid more to creditors than they received in fresh funding. Multilaterals are providing net positive flows, while private creditors continue to drain resources.

An additional element of interest is the role of the IADB. Maybe is their requirements that make it better/cheape to structure as a loan? What is their cost of opportunity vs providing an outright loan? Also interesting role of EIB 👀

Not representative but best coverage I saw was yours and @joshgabbatiss.bsky.social in here. Nothing of value in X. Coverage in media mostly came after the agreement (I.e not a lot of info on negotiations).

Rule of law*.
*Conditions and terms apply.

Price aggregator sites meant to check for discounts have that info 😀