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Developing countries face worst debt drain in 50 years, World Bank warns
The Guardian NG•3 months ago•centre•Credibility: 80/100
Developing countries paid out $741 billion more in principal and interest on their external debts than they received in new financing between 2022 and 2024, the largest gap in at least 50 years, the World Bank has said. The post Developing countries face worst debt drain in 50 years, World Bank warns appeared first on The Guardian Nigeria News - Nigeria and World News.
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