June 30, 2022
Sri Lanka’s economic crisis triggered by a debt default, acute shortage of food & fuel leading to violence has hit headlines.
Pakistan is going through drying remittances and depleting forex reserves, they are looking for a bailout package from IMF.
The Himalayan nation, Nepal has been hit by yawning trade deficit due to growing imports and drop in tourism due to Covid-19.
Argentina defaulted in March 2020 for the ninth time in its history since 1816, it was unable to make a $500-million payment.
The economic crisis in Venezuela has been ongoing for decades, 1 out of 3 Venezuelans are living in an extreme poverty today.
Four months after a military coup plunged the African nation Sudan into further turmoil and deteriorated its economic crisis.
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