Global debt has hit a staggering $315 trillion in the first quarter of 2024, representing an astonishing rise of $15 trillion over the past year. […]
Tag: World Bank
World Bank Warns of Escalating Debt Crisis: Developing Nations Face Record-Breaking Servicing Costs and Economic Uncertainties
In 2022, developing countries grappled with an unprecedented challenge as they expended a staggering $443.5 billion to service external public debts, marking a record high, […]