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The Year of Debt Distress and Damaging Development Trade-Off


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SYDNEY, Jan 27 (IPS) – As the year 2022 drew to an end, the United Nations Conference on Trade and Development (UNCTAD) warned, “Developing countries face ‘impossible trade-off’ on debt”, that spiralling debt in low and middle-income countries (LMICs) has compromised their chances of sustainable development.

Read the full story, “The Year of Debt Distress and Damaging Development Trade-Off”, on globalissues.org

SYDNEY, Jan 27 (IPS) – As the year 2022 drew to an end, the United Nations Conference on Trade and Development (UNCTAD) warned, “Developing countries face ‘impossible trade-off’ on debt”, that spiralling debt in low and middle-income countries (LMICs) has compromised their chances of sustainable development.Read the full story, “The Year of Debt Distress and Damaging Development Trade-Off”, on globalissues.org →