Debt crisis hits new highs in developing nations, relief deal needed, says UN

CAPE TOWN (Reuters) – The debt crisis facing the world’s poorest economies is reaching new highs and debt servicing is eating up a growing share of revenues at the expense of spending on development, the United Nations Development Programme warned on Tuesday. Read full story

Source : https://www.thestar.com.my/news/world/2025/02/25/debt-crisis-hits-new-highs-in-developing-nations-relief-deal-needed-says-un

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