---
title: "Coronavirus: Poor Nations Are Facing An Unprecedented Debt Crisis"
description: Developing nations have long relied on outside investors and low-interest debt to finance their growth. With the global economy stalled by COVID-19, poor countries have no active revenue streams, but their investors are still expecting interest and principal payments. This New York Times article outlines the debt crisis bearing down on the world's poorest countries, and what it could mean for the global economy.
image: https://www.barryinvestmentadvisors.com/hubfs/apartment-building-984221_960_720.jpg
---

June 24, 2020

# Coronavirus: Poor Nations Are Facing An Unprecedented Debt Crisis

Developing nations have long relied on outside investors and low-interest debt to finance their...

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Posted by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors)

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Developing nations have long relied on outside investors and low-interest debt to finance their growth. With the global economy stalled by COVID-19, poor countries have no active revenue streams, but their investors are still expecting interest and principal payments. This New York Times article outlines the debt crisis bearing down on the world's poorest countries, and what it could mean for the global economy.

                                                                                     [![Click Here to Read](https://no-cache.hubspot.com/cta/default/424177/6453ce4f-abf6-479a-8055-e780294dcadf.png)](https://cta-redirect.hubspot.com/cta/redirect/424177/6453ce4f-abf6-479a-8055-e780294dcadf)

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