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Many low-income and emerging economies are facing heavy debt burdens, limiting their ability to invest in education, healthcare, social protection, and infrastructure. For some, debt is already unsustainable. How can countries and their development partners chart a course for resilient economies and a brighter future for all?
Ajay Banga, World Bank president, says debt servicing is consuming 7.6 percent of Africa’s gross domestic product (GDP).
[The stream is slated to start at 10:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] CNBC's Joumanna Bercetche is…
Beginning October 9, watch and participate online as we bring you our events in English, Arabic, French, and Spanish, live from the World Bank-International Monetary Fund Annual Meetings in Marrakech.
Many low-income and emerging economies are facing heavy debt burdens, limiting their ability to invest in education, healthcare, social protection, and infrastructure. For some, debt is already unsustainable. This seminar will explore options to boost resilience to debt risks, including through domestic reforms to enhance growth, improve expenditure policies, boost domestic revenue mobilization, and strengthen debt management. It will also discuss the need for scaled-up support from the global community through the provision of concessional financing and technical assistance, as well as improv...