NEW RESEARCH: Rising Interest Rates Force Poorest Countries To Pay More For Vital Capital

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Interest rates on bonds are five times those on World Bank loans African countries to pay US$56 billion more on debt raised on capital markets from 2017 to 2021 Cost of finance is fueling growing debt crisis with 36 countries at substantial risk of debt distress G20 leaders urged to act urgently to increase access […]

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Source: Guardian Newspaper