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Tag: $921 billion

Debt service payments soar to...

Debt service payments soar to $921 billion,...

Debt service payments soar to $921 billion, threatening development progress – UN

Debt service payments soar to $921 billion, threatening development progress - UN Debt service payments by developing countries soared by 74 billion dollars in 2024 from 847 billion dollars to 921 billion dollars , a new UN report has shown. The report, ‘Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing’, was launched on Friday by UN Deputy Secretary-General Amina Mohammed. Mohammed was joined by experts Mahmoud Mohieldin and Paolo Gentiloni, along with Rebeca Grynspan, Head of the UN Conference on Trade and Development (UNCTAD). The report showed a “silent crisis” of surging debt...
Salim Sani -
International

Debt service payments...

Debt service payments soar to $921 billion, threatening development progress - UN Debt service payments by developing countries soared by 74 billion dollars in 2024...
Salim Sani -
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