Rescheduling foreign debts at market-related interest rates

The attempt to alleviate the debt burden of developing countries by rescheduling past debts at market-related interest rates only serves to increase the debt burden.

1. Deteriorating terms of international financial loans to vulnerable countries

1. Reverse flow of financial aid
2. Burden of servicing foreign public debt

1. Selfishness
2. Self-interest
3. Interest
4. Foreign