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Aftershocks Pummel Highly Indebted Nepal


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Aftershocks Pummel Highly Indebted Nepal

Jubilee USA

WASHINGTON - Severe aftershocks continue to terrorize Nepal which was struck by a 7.8 magnitude earthquake on Saturday. The rising death toll climbed beyond 3,000 people. Nepal is one of the least developed countries in the world, ranking 145th out of 187 countries in the United Nations Human Development Index. According to the World Bank, Nepal owes $3.8 billion in debt to foreign lenders and spent $217 million repaying debt in 2013.

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