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UN Special Envoy: Incorrect risk assessment increases debt burden in developing countries

Many developing countries borrow at higher interest rates due to unfair financial assessments, UN Special Envoy on Financing the 2030 Agenda for Sustainable Development Mahmoud Mohieldin said at the session titled “8th SDG Dialogue: Innovative Financing for Sustainable Development – Beyond Aid and Traditional Official Development Assistance (ODA)” held within the framework of the Islamic Development Bank Annual Meetings in Baku, APA-Economics reports. [...]