Debtor Countries

Debtor countries are nations that owe money to external lenders, which can include other countries, international organizations, or private financial institutions. These debts often arise from loans taken to finance development projects, stabilize economies, or respond to emergencies. A country is considered a debtor when its total foreign debt exceeds what it can comfortably repay, potentially leading to economic challenges. Managing this debt is crucial, as it can affect the country's credit rating, economic stability, and ability to fund public services. Balancing debt repayment with economic growth is a key concern for debtor countries.