Spain has partnered with the World Bank to help poorer countries free up money to spend on development and conservation via debt "swaps," the country's Ministry of Economy said on Tuesday.

In its latest report on international debt, the World Bank said that low- and middle-income countries had paid $443.5 billion toward principal and interest in 2022.

G20 finance chiefs agreed a communique on Friday that underscored the importance of central bank independence and the role of ...

Pakistan is set to repay over $23 billion in external debt during the current financial year (FY2025-26). This massive amount ...

WASHINGTON, November 10, 2021—Global debt surveillance today depends on a patchwork of databases with different standards and definitions, resulting in large gaps in debt information for many ...

The World Bank arm that provides help to the poorest countries plans more concessional loans and grants to nations facing higher risks of debt distress, a move that could unlock impasses hindering ...

Developing nations spent a record $443 billion in debt service payments in 2022, according to the World Bank, which warned the situation risks tipping more countries into crisis and setting off a ...

The World Bank said on Tuesday that the global economy remained in a “precarious state” and warned of sluggish growth ... 14 of 28 low-income countries are in debt distress or at a high risk ...

00:00 Welcome. 01:09 Opening remarks by David Malpass, World Bank Group President. PANEL DISCUSSION 02:54 Debt context for the world 09:00 Debt restructuring process in Ethiopia 14:00 Debt ...

South Africa is currently finalising a loan package valued at approximately R54 billion, structured as a consortium loan with development lenders including the World Bank, KfW, and the African ...

The World Bank estimates COVID-19 will cause economic growth to slow significantly this year in China and other East Asian-Pacific countries. Across Asia, Economic Outlook Precarious By Catherine Putz ...

Debt in emerging market and developing economies has surged to a record high since the outbreak of COVID-19, but new analysis from the World Bank Group shows that the global and country-by-country ...