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Tackling Debt in Developing Economies

Admin3 years ago010 mins

BY MARCELLO ESTEVÃO In 2016, the discovery of two large, previously unreported loans sparked an economic crisis in Mozambique. Donor support to the country froze. The government was forced to make deep cuts in public spending. More recently, when Chad and Zambia asked to restructure their debt under the G-20’s Common Framework for Debt Treatments,…

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