Payments due under debt contracts. This includes payment of interest as it becomes due and payments of the original amount borrowed (principal). Where debt is long dated, a large proportion of the debt service may consist of interest payments.
New BWP briefing offers critical gender analysis of World Bank lending instrument to borrowing countries.
At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.
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