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World Bank: Low income countries’ debt doubled in last decade — up by $9trn in 2021

The World Bank says the external debt stock of low-income and middle-income countries doubled over the past decade to $9 trillion at the end of 2021. Last year, the debts

World Bank: 60% of low-income countries in debt distress

David Malpass, World Bank Group president, says 60 per cent of low-income countries are in debt distress or at high risk of it. Nigeria is not among low-income countries. Low-income

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