World Bank warns of growing debt burden in 26 poorest economies

World Bank warns of growing debt burden in 26 poorest economies

The world’s 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday. Government debt in these countries, which are home to around 40 percent of the world’s population, now stands at an average of 72 percent of GDP — an 18-year high —

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