World Bank: Poorest nations face highest debt burden for nearly 2 decades

PTVPhilippines
PTVPhilippines
  • 2 days ago
World Bank: Poorest nations face highest debt burden for nearly 2 decades

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Transcript
00:00The World Bank reported the world's 26 poorest countries are experiencing their highest levels
00:05of debt since 2006.
00:08The international lender said these economies are generally poorer now compared to their
00:13pre-COVID-19 levels, while most of the world has largely rebounded and continued its growth.
00:19Moreover, the report also revealed low-income economies face significantly greater risk
00:25from natural disasters compared to other developing nations.

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