UNCTAD cancels 1 trillion USD debts owed by developing countries

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 ..

Month: Current Affairs - April, 2020

Category: India Nation & States Current Affairs

Topics: COVID-19 • Debt • Economic growth • G20 • Gobal Debt Deal • High-middle income nation • UNCTAD • United Nations