09-May-2025
Economy News
 
Factbox-Developing countries facing a debt crunch
04-Oct-2023

High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt crises. Helping them claw out of this will be a key agenda item at the annual IMF and World Bank meetings in Morocco’s tourist hub of Marrakech which kicks off next week.

News Source:- https://www.reuters.com/article/imf-worldbank-debt-distress/factbox-developing-countries-facing-a-debt-crunch-idUSL8N3B91O5