WASHINGTON (Reuters) - The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their ...

Developing countries spent a record USD 1.4 trillion to service their foreign debt as their interest costs climbed to a ...

The World Bank's report reveals a staggering $1. 4 trillion spent by developing nations on foreign debt servicing, ...

With almost USD 29 billion in loans, China continued to be Pakistan's largest bilateral creditor while Saudi Arabia emerged ...

The World Bank in its latest International Debt Report, has revealed that developing nations spent an unprecedented $1.4 trillion on ...

The bank's latest International Debt Report showed that total foreign debt interest payments from developing countries surged ...

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ISLAMABAD: With almost $29 billion in loans, China has become Pakistan’s largest creditor. The nation, home to 240 million ...

As the Canadian Bar Association’s director of development, she helped provide expertise on everything from legal aid to ...

Everything you need to know ahead of the World Bank’s IDA pledging conference in Seoul. Plus, report reveals LMICS paid a ...

Poorer economies are limiting investments in health, education, and the climate to avoid default and repay foreign lenders.

Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.