India leads the world in deficit with $22 billion, followed by Bangladesh with $18 billion, followed by Pakistan with $16 billion. and a few. Vietnam ranks fourth with $14 billion in debt.
The other top 10 are from Africa, which includes Ethiopia, the sixth largest country with a debt of $11.2 billion, and Kenya, the seventh largest country with a debt of $10.2 billion.
Tanzania ranks eighth with a debt of $8.3 billion, Ghana accumulates a debt of $5.6 billion, while Uganda ranks 10th with a debt of $4.4 billion.
According to the report, such situations the countries find themselves in could put them at risk of compromising their trust among lenders, if they fail to fulfill part of the terms of the treaty being negotiated with them.
So far there has been no response from the Nigerian authorities.
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