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Global Sovereign Debt monitor 2019

Global Sovereign Debt monitor 2019

The global debt situation has been at a dramatically high level for years and, at the same time, the debt has continued to rise. In recent years, the situation in three-quarters of the countries in critical debt has worsened further. This global debt crisis is being fuelled by excessive lending to poorer countries. Rising interest rates and falling commodity prices have already led to suspensions of payment in 17 countries.