Stay updated with breaking news from World Development Report. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Developing countries face growing risks from financial fragility created by the Covid-19 crisis and non-transparent debt, the World Bank has said in a report, urging policymakers to focus on creating healthier financial sectors."Risks may ...
Developing countries face growing risks from financial fragility: World Bank
Chief economist says G20 unlikely to address debt burden in poor countries
World Bank chief economist Carmen Reinhart is sceptical there will be a resolution soon to help address unsustainable debts.
Delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the G20, a top World Bank official warned.