(3) In S7E06 Deb found out Lumen was one of the vigilantes and that Dexter was helping her. Dexter had zero involvement in Lundy's shooting. Lundy was shot by Christine Hill, who did it to protect her father - Trinity. Some people lump this in the "it's Dexter's fault" category for no real reason, as far as I can tell. (2) Lundy didn't get shot because of Dexter. She doesn't however know that Dexter killed his brother, nor of Brian's motivation in dating her. For the most part, the countries have avoided taking on unmanageable debt again although it is now available in the form of private lending.(1) Yes, Deb does know that Brian Moser is Dexter's biological brother. This debt forgiveness also allowed them to invest money into natural resources extraction infrastructure. With that pressure, African countries began to invest extra federal money into public programs such as healthcare and education. ![]() The governments here became the subject of interest for those organizations and countries that were relieving the debt and therefore their policies and budgets came under heavy scrutiny. Similar to Uganda and Kenya, debt accrual did not have the anticipated economic effect and Malawi was also relieved of a great chunk of loans. Malawi is the final African country to make this list with $10.3 million in debt forgiveness. ![]() Instead, the nation faced corruption and bad policies that made repayment nearly impossible. The country had borrowed significant amounts of money in order to invest in infrastructure projects which was believed would nudge the economy into growth. Kenya has a similar debt history as Uganda, and has received $11.6 million in forgiveness. Debt forgiveness here took place in the early 2000’s and was a joint collaboration among the World Bank, IMF, African Development Bank, and foreign governments. The monies were not from private lenders but rather other nations and multilateral organizations. By the mid 90’s, most countries owed more money than they could produce in goods annually. Unlike the other countries mentioned, African nations did not begin to accrue debt until the late 80’s. The first African country on the list, Uganda has received $14.7 million in debt reductions. The IMF, World Bank, and IDB are all in discussions now to possibly reduce the debt further. Although severely indebted, the country has thus far only had $54 million forgiven. As with many developing countries, its debt began accruing in the 1970’s only to reach crisis during the 80’s. Jamaica has the world’s third highest debt to gross domestic product (GDP) ratio, which stands at 140%, and is a country rife with stark poverty. Most of this is for the issue of Eurobonds, debt to the International Bank for Reconstruction and Development, Credit Suisse, and the European Investment Bank. Despite this forgiveness, the country has a high debt level today and owes nearly 70% of its GDP. Montenegro, a European country, has had $111 million forgiven through 2014. This country is the first on the list that is not in Latin America. The country has received $156 million in debt forgiveness. The late 90’s brought a structural readjustment program and some debt relief. The economy was in such a crisis during that time that the government began borrowing loans to buy imports. A total of $494 million has been forgiven.Īlongside many of its fellow Latin American countries, Guyana also saw uncontrollable debt in the 80’s and 90’s. Today, it is considered a creditworthy economy. This had a significant impact on the economy and by the end of the 90’s, Peru was able to meet its debt payments. The country applied for debt forgiveness to the World Bank (the holder of most its loans) in the 90’s and while some was forgiven, the majority was rescheduled. ![]() During the 1980’s, the country was in deep debt due to inflated interest rates and the global oil crisis. ![]() Peru has a similar debt story to those of Mexico and Brazil. Some economists have argued that this had a detrimental effect on economic growth and essentially led to increased poverty. In order to have this debt forgiven, the country had to agree to neo-liberal economic policies which encouraged privatization and decreased government spending. Being unable to pay back their foreign loans, Brazil applied for debt reduction. Similar to Mexico, Brazil suffered during the debt crisis of the 1980’s. In the late 90’s, debt reduction resulted in an overall interest reduction that helped stabilize prices and prompt small economic growth. This marked the beginning of their debt forgiveness. Mexico, with other Latin American countries, suffered a debt crisis during the 1980’s that left the country unable to pay foreign loans. In total, Mexico has received the biggest debt forgiveness of any country at $7.48 billion.
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