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Crippling Debt Keeps Developing Countries

The  low- and middle-income economies will owe more than $1 trillion in debt service payments this year. It reports 72 countries, classified as vulnerable, are responsible for more than half that accumulated debt according to the United Nations report. A warning that developing countries will have difficulty recovering from the devastating impact of the COVID-19 pandemic without relief from crushing debt burdens keeping them mired in poverty . What is it that the developing countries are doing wrong ?

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