Hidden sovereign debt

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added blog Personal Finance

2024-10-23 16:24:17 -

Developing countries are systematically underestimating the official size of their sovereign debt, an analysis of World Bank statistics has shown. Over the past 50 years, hidden sovereign debt has reached $1 trillion. When Zambia and Chad applied for debt restructuring under the new G20 program in 2021, they faced an unexpected problem: it turned out that the countries did not have complete...

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