ONE’s ‘debt donut’ reveals a gaping hole
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ONE’s ‘debt donut’ reveals a gaping hole

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ONE’s debt donut shows that 80% debt service payments from poorer countries have not been suspended, despite warm words from the G20. In 2021, we expect countries eligible for the Debt Service Suspension Initiative will have $6.8 billion of payments rescheduled until later. But they will still have to pay $36.1 billion to bilateral creditors, multilateral institutions, and private creditors this year. African countries eligible for relief will still have to pay $19.8 billion.

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