Developing countries' record $1.4 trillion debt service bill squeezes budgets
The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their foreign debts in 2023 as ...
The Africa Report14h
World Bank nears $100bn target as 16 new donors join IDA replenishment drive
At the International Development Association meeting in South Korea, African leaders will call for equitable financial ...
mwnation1h
Calls to restructure public debt grow
Economists have implored Malawi’s creditors to reconsider debt restructuring after the country spent a whopping $101 million ...
tbsnews13h
For developing economies, the finance landscape has become a wasteland
Over the past two years, private creditors have been squeezing public-sector borrowers in developing countries, taking out more in interest payments than they are providing in fresh lending ...
Island6d
President Dissanayake WB Chief discuss SL’s development priorities
A virtual meeting was held on Wednesday (27) between President Anura Kumara Dissanayake and the President of the World Bank ...
AllAfrica.com9d
Benin Unveils Ambitious Climate Action Framework At COP29 to Drive Green Transition and Sustainable Development
Announcement - The Government of Benin, in collaboration with international financial institutions and development partners, has launched (on 15 November) an ambitious climate action framework to ...