UNDP has been tracking debt vulnerabilities across developing economies and the availability and appropriateness of international relief measures. Accompanying UNDP's latest Debt Insights update, this UNDP Development Futures Series policy brief presents a snapshot of the current situation and outlook and discusses the needed international policy priorities. Central debt vulnerability indicators remain highly elevated and have continued to worsen across many countries, thereby intensifying a trade-off between development spending and a high and rising debt service burden, with especially devastating consequences in the poorest of countries. […]