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Tag Archives: high debt

Impact of high debt levels on LDCs ‘can’t be overstated’: UN

The impact of high levels of debt on development efforts “cannot be overstated”, the head of the United Nations Development Fund (UNDP) told a Ministerial Breakfast Meeting on least development countries (LDCs) on Saturday. “While debt financing remains an important source for achieving positive development outcomes in LDCs, the recent trends are a cause for concern” UNDP Administrator Achim Steiner ... Read More »