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Debt Bomb

2 x 48 HD
Broadcaster:  CNA

The International Monetary Fund warns that debt is at its highest in decades, with 60% of low-income nations at significant risk.


We delve into Sri Lanka's first-ever debt default in 2022, exposing the human cost and the origin of such colossal debts, and its plea for a multi-billion-dollar bailout from the IMF. We also investigate Pakistan's recent IMF bailout and the widespread impact on its citizens.


Exploring the added pressures of climate change and China’s Belt and Road initiative, the looming danger is exposed as 70 countries grapple with post-pandemic debt, igniting concerns of a global financial meltdown in 2024.

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