Sunday, 16 August 2020

Debt in developing countries has doubled in less than a decade

Jubilee Debt Campaign reveals a sharp rise in the number of countries in distress since 2018 Developing nation debt has more than doubled in the past decade and has left more than 50 countries facing a repayment crisis, according to a campaign group. New data from the Jubilee Debt Campaign showed that even without taking full account of the impact of the coronavirus pandemic there had been a sharp jump in the number of poor countries in debt distress since 2018. Continue reading...
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