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CIA Reading Room cia-rdp84b00049r001102640003-3: LDC DEBT PROBLEMS

Approved For Release 2009/04/01 : CIA-RDP84B00049RO01102640003-3 International Economic & Energy Weekly F7 27 August 1982 LDC Debt Problems) 25X1 Mexico's severe financial crisis is dramatic evidence of the mounting financial problems of the less developed countries. We expect the LDCs' medium- and long-term external debt to approach $550 billion by yearend, up from $150 bil- lion only seven years ago. Although an increasing number of countries have been in arrears on their debt payments, and many of these have required debt relief, until this year all were small with an aggregate debt of only…