Tag: borrowers

Experts at a meeting earlier this month between the World Bank and International Monetary Fund (IMF), including IMF director Kristalina Georgieva, discussed measures to help ease debt burden in poor countries.
Developing Nations Risk Falling in Chinese Belt-and-Road Style COVID-19 Debt Traps
As developing countries continue to accrue debt due to the Coronavirus Disease 2019 (COVID-19) pandemic, economists are concerned that creditors such as China will exploit their situations through debt-trap diplomacy. While panelists at a recent...