How to Ease Rising External Debt-Service Pressures in Low-Income Countries – International Monetary Fund
As 2024 starts, the good news is that there havent been any notable requests by a low-income country for comprehensive debt relief since Ghanas, more than a year ago. Despite this, vulnerabilities remain, with high debt servicing costs a growing challenge for low-income countries. Financing pressures due to relatively high interest payments and the pace…