Fitch said government debt increased to 77.8 percent of GDP in 2024 (from 72.8 percent in 2023), driven by the wide fiscal deficit, exchange rate depreciation as 80 percent of the debt stock is ...

Debt Trap by Design? ... (LMICs) are in debt crisis. In this context, ActionAid, an international civil society body, brought out a paper, ... and the IMF. In 2023 they paid a ...

Uganda among the countries that are currently trapped in the high debt repayment crisis Kampala, Uganda | THE INDEPENDENT ...

As the world grapples with slowing economic growth and mounting global challenges, developing countries are increasingly ...

BUENOS AIRES, Argentina — The International Monetary Fund disbursed on Tuesday the first installment of Argentina's new $20 billion bailout after President Javier Milei removed most of Argentina ...

China has trapped more than 100 countries of the world in its ‘debt trap’. Due to this, China has now become the largest debt-recovering country in the world. According to the Australian think ...

Kigali is expected to raise this money through external borrowing, which the IMF warns will increase the country’s debt. “Despite critical reform to enhance domestic revenue mobilisation, the cost of ...