A new warning from the International Monetary Fund highlights the crushing financial burden faced by some of the world’s poorest nations, with debt repayments consuming as much as 14 percent of their total government revenue. The IMF chief’s remarks underscore how unsustainable debt levels are straining public budgets, leaving limited funds for essential services like healthcare, education, and infrastructure. Experts suggest this debt crisis risks deepening inequality and economic instability in vulnerable regions already struggling with recovery. The statement comes amid growing calls for debt relief and structural reforms to ease the pressure on struggling economies.
Low-income countries spend up to 14 percent of their revenue on debt repayments, IMF chief says.
