How to prevent the looming sovereign-debt crisis

Credit: WorldNews- Published on August 3, 2020
While the COVID-19 pandemic rages, more than 100 low- and middle-income countries will still have to pay a combined US$130 billion in debt service this year – around half of which is owed to private creditors. With much economic activity suspended and fiscal revenues in free fall, many countries will be forced to default....

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