Business

War in Ukraine deepens debt problems in developing countries

blank

The war in Ukraine is making it harder for many emerging market governments to make debt payments to foreign creditors, raising concerns about potential crises that could rock markets and weaken the global economic recovery.

Many of these countries have piled up mountains of debt over the past decade while inflation and interest rates have been low, and over the past two years as costs related to Covid-19 have soared.

https://www.wsj.com/articles/ukraine-war-deepens-debt-woes-across-developing-world-11650187803?mod=pls_whats_news_us_business_f War in Ukraine deepens debt problems in developing countries

Ari Notis

TheHiu.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@thehiu.com. The content will be deleted within 24 hours.

Related Articles

Back to top button