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9 Jan 20
Burdensome debts are forcing poor countries to cut public spending - a situation campaigners have described as a “recipe for disaster”.
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20 Dec 19
Poor countries’ debt reached a record $55trn in 2018, after the fastest surge in nearly 50 years, a World Bank study has found.
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4 Apr 19
Urgent action is being demanded to tackle a growing debt crisis among poor countries, whose foreign debt payments soared by 85% between 2010 and 2018.
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29 Jan 19
Heavily indebted governments can act now to lessen the risks they face, argue IMF's Martin Mühleisen and Mark Flanagan.
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3 Jan 19
Rising borrowing costs for developing countries should be tackled to avoid a “full-blown debt crisis”, campaigners have warned.
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19 Nov 18
No developing country will fall into a ‘debt trap’ by working with Beijing, the Chinese foreign ministry has said in response to US criticism.
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12 Nov 18
Governments in sub-Saharan Africa need to better understand the contracts they sign with private lenders, a conference has heard.
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8 Nov 18
African countries can avoid debt distress if they ensure there is an ideal balance between revenues and expenditure, a former president of the African Development Bank has told a conference.
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14 May 18
Lenders and borrowers must be “more responsible” as debt crises are growing across the globe, a charity has warned.
9 Jan 20Burdensome debts are forcing poor countries to cut public spending - a situation campaigners have described as a “recipe for disaster”.
4 Apr 19Urgent action is being demanded to tackle a growing debt crisis among poor countries, whose foreign debt payments soared by 85% between 2010 and 2018.
3 Jan 19Rising borrowing costs for developing countries should be tackled to avoid a “full-blown debt crisis”, campaigners have warned.
19 Nov 18No developing country will fall into a ‘debt trap’ by working with Beijing, the Chinese foreign ministry has said in response to US criticism.
12 Nov 18Governments in sub-Saharan Africa need to better understand the contracts they sign with private lenders, a conference has heard.
8 Nov 18African countries can avoid debt distress if they ensure there is an ideal balance between revenues and expenditure, a former president of the African Development Bank has told a conference.
