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Serious debt crisis unfolding across developing countries - UNDP

By Marc Jones LONDON (Reuters) - The United Nations Development Programme (UNDP) joined on Tuesday the chorus of institutions and charities warning that a serious debt crisis is now taking hold in the poorest parts of the world. In a new report, the UNDP estimated that 54 countries, accounting for more than half of the worldโ€™s poorest people, now needed immediate debt relief to avoid even more extreme poverty and give them a chance of dealing with climate change. A serious debt crisis is unfol...
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Strained emerging economies in focus at IMF World Bank meeting

(Reuters) - The annual IMF/World Bank meetings in Washington D.C. from Monday (10) to Saturday will include talks on several emerging markets squeezed by - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.
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