Gobal Debt Deal Current Affairs, GK & News

UNCTAD cancels 1 trillion USD debts owed by developing countries

April 24, 2020

The United Nations Conference on Trade and Development (UNCTAD) has announced that it is to cancel over 1 trillion USD of debt owed by developing countries. Highlights According to the UNCTAD, over 64 low-income countries spend more on debts than their health systems. They are now struggling with growing debt burden to plummet prices of ..

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