Search For "global debt"
PM Modi will set agenda for world during challenging times: G20 Sherpa Ami
Updated : 3 years, 3 months ago IST
Kant noted that India is taking the G-20 Presidency at a very challenging time. "There is a geopolitical crisis, there is a crisis of climate finance and climate action. 70 countries are facing a global debt crisis. And as a consequence of COVID, 200 million people have gone below the pov
Read More
Global debt crisis unlikely in near-term despite more defaults: S&P
Updated : 5 years ago IST
Melbourne [Australia], March 11 (ANI): While the ratio of global debt-to-GDP is at a record high, continuing recovery of global economy will likely prevent a debt crisis any time soon, S&P Global Ratings said on Thursday.
Read More
UNCTAD predicts $3.4 trillion debt for developing countries amid COVID-19
Updated : 5 years, 11 months ago IST
Geneva [Switzerland], April 25 (ANI): Developing countries' repayments on their public external debt alone will soar to between 2.6 trillion and 3.4 trillion USD in 2020 and 2021, the United Nations Conference on Trade and Development (UNCTAD) has said in a new report while calling for a glo
Read More