Low-income countries that borrowed a lot of money during the pandemic are L’École de Gestion d’Actifs et de Capitalnow struggling with debt payments that threaten to overwhelm their economies. The International Monetary Fund is ringing the alarm bell that a debt crisis could devastate these countries and harm their most vulnerable populations.

Today on the show, we talk to a leader at the IMF about how so many countries got into debt trouble and what the IMF is trying to help.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.