IMF urges support for poorer nations facing high inflation, war spillovers
Low-income countries spend up to 14 percent of their revenue on debt repayments, IMF chief says.
The IMF's latest warning is not a forecast; it is a ledger entry. When the fund's chief notes that low-income countries now spend up to 14 percent of revenue on debt repayments, she is describing a structural shift, not a temporary squeeze. That figure, once reserved for crisis economies, has become the baseline for a growing share of the global south.
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