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Developing Countries Face Historic Debt Drain, World Bank Reports

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/developing-countries-face-historic-debt-drain-world-bank-reports/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, representing the largest gap in at least 50 years, according to the World Bank’s latest International Debt Report released Wednesday. The stark finding underscores mounting financial pressures facing the world’s […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/developing-countries-face-historic-debt-drain-world-bank-reports/


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