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- W1602099058 abstract "1. Extent of the Debt Malawi is typical of sub-saharan African countries in having a debt burden that is well in excess of 150% of GNP and about 500% of exports of goods and services. It is also typical in having a ratio of total debt services to export of goods and services of about 25%. The total debt stocks have gone up every year from 1988 to 1995. The total increase over the years is $779 million from $1361 million to $2140 million, an increase of $779 million or 57.2%. The long-term debt element in this figure has also increased by $774 million, a slightly larger percentage. It is clear from these figures that Malawi has not the remotest chance of repaying this debt. The vast majority of it can only be extinguished by an act of debt remission by creditors." @default.
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- W1602099058 date "1997-01-01" @default.
- W1602099058 modified "2023-09-26" @default.
- W1602099058 title "Malawi debt: cause of great suffering and impediment to development - means of removing the burden" @default.
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