Debt is climbing again in low-income countries. What needs to change to reduce it?
Debt in low-income countries has been rising for years, despite lower debt ratios than in the mid-1990s. Now COVID and the Ukraine war could make it worse.
Debt in low-income countries has been rising for years, despite lower debt ratios than in the mid-1990s. Now COVID and the Ukraine war could make it worse.
A new IMF paper shows the financial support needed for low-income countries in their recovery from the pandemic, with billions needed now and in the future.