Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement structural reforms, and alleviate balance of payments difficulties.

Five of the 10 most indebted countries are in Africa, while three are in South America.

The only European country on our list, Ukraine has relied on international support amidst the conflict with Russia. It is estimated that Russia’s full-scale invasion of the country caused the loss of a third of the country’s economy. The country owes $9 billion to the IMF.

In total, almost 100 countries owe money to the IMF, and the grand total of all of these debts is $111 billion. The below 10 countries (top 10) account for about 69% of these debts.

Culled from: https://www.visualcapitalist.com

Thank God we nor de among the list, this evil body wants Nigeria to be indepted to them that's why like forecasting rubbish , telling our government what to do and what not to do that will put them in trouble, imagine small Ghana and cote d voire get debts wai big pax Dem😅