The World Bank says developing economies have now spent three consecutive years paying more in debt service than they received in fresh financing, as global economic volatility intensified pressure on ...
LONDON, Dec 3 (Reuters) - The gap between developing nations' debt servicing costs and new financing hit a more than 50-year high of $741 billion between 2022 and 2024, the World Bank said on ...
As the global financing environment tightens, some governments in the developing world are turning to off-budget and increasingly complex debt instruments that risk new hidden debts. In this episode ...
WASHINGTON (Reuters) -World Bank President Ajay Banga on Friday stressed the need to increase transparency in debt restructuring processes to give greater clarity to all parties involved, including by ...
WASHINGTON, December 3, 2025—Developing countries paid out $741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024—the largest gap ...