Countries could be prevented from taking on crippling debt / having public financial mismanagement
By Hicbd
Sun Jul 10 2022 9:06 am
"Over the last five years a worrisome number of low-income countries have racked up so much debt they are now at high risk of being unable to pay it back — with potentially devastating consequences not just for their economies but for their citizens, many of whom are already living in extreme poverty...And in recent years a whole new class of lenders emerged to offer up easy credit — most notably the government of China and various associated Chinese banks and development agencies."
URL:----------------------------------------------------------
Please login to comment
