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Debt-for-Development Swaps: A tool for climate action and economic resilience - Caribbean News Global

Summary by Caribbean News Global
By Central Bank of Barbados BRIDGETOWN, Barbados – Debt-for-development swaps ease debt burdens and create fiscal space for growth. These financial transactions restructure existing debt into new obligations with more favourable terms, such as lower interest rates or extended maturities. Debt-for-development swaps specifically channel funds into national priorities like climate action, education, and nature conservation without increasing debt d…
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Caribbean News Global broke the news in on Friday, February 21, 2025.
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