Category: international organisations
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Debt Service Suspension Initiative- Will it help Developing Countries?
Introduction: The COVID-19 pandemic has plunged low-income countries into deep economic turmoil, exacerbating their pre-existing debt burdens and limiting their ability to invest in crucial areas such as healthcare and education. In response, the International Monetary Fund (IMF) introduced the Debt Service Suspension Initiative (DSSI) in 2020, allowing eligible nations…