Low-income countries’ debt rises to $850bn in 2020 -World Bank report

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Low-income countries’ debt rises to $850bn in 2020 -World Bank report

« on: October 12, 2021, 01:00:51 pm »

Low-income countries’ debt rises to $850bn in 2020 -World Bank report

Low-income countries’ debt rose by 12 per cent to 860 billion dollars in 2020, the International Debt Statistics 2022 report of the World Bank says. The report was released on Monday at the World Bank/International Monetary Fund (IMF) Annual Meetings in Washington. The report said that governments around the world responded to the COVID-19 pandemic…

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Source: Low-income countries’ debt rises to $850bn in 2020 -World Bank report

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