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Developing states debt hit record USD9.4trn in 2025: World Bank
WASHINGTON: Low- and middle-income countries are borrowing more and paying more for new debt, with external debt surging 5.5 percent to a record USD 9.4 trillion in 2025, the World Bank said on Thursday. The Washington-based lender said borrowing through international bond markets had continued in 2026, raising critical questions about “whether the terms are sustainable and whether the capital raised is reaching the people and places that need it most.” In its annual International Debt Report, the Bank said the jump in external debt in 2025 — the largest annual increase since 2021, just after ...
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