World Bank: 40% Of World’s Poor Face Rising Debt, Economic Setbacks | World Business Watch | WION
A new World Bank report reveals that the 26 poorest countries, home to 40 percent of the world’s most impoverished people, are facing their highest debt levels since 2006. These nations, with annual per-capita incomes below $1,145, now carry an average debt-to-GDP ratio of 72%, an 18-year high.
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