The world’s 26 poorest countries, largely in sub-Saharan Africa, face the highest debt levels since 2006 and remain more vulnerable to natural disasters, conflicts, and economic instability. Despite IDA funding, these countries struggle with institutional fragility, high debt-to-GDP ratios, and poor public spending efficiency.
Related Posts
Biden administration proposes ban of Chinese, Russian car parts
The Biden administration proposes a rule to block the sale and import of Chinese- and Russian-made hardware and software for connected vehicles, aiming to bolster […]
Rajasthan CM Bhajan Lal Sharma’s visit to Japan, South Korea successful, says Deputy CM Diya Kumari
Rajasthan Chief Minister Bhajan Lal Sharma has returned from a productive six-day tour of Japan and South Korea. The trip was part of preparations for […]
Moody’s to evaluate Adani Group’s governance amid bribery allegations
Moody’s Ratings has put the Adani Group’s governance practices under scrutiny following bribery allegations against chairman Gautam Adani. US prosecutors allege Adani’s involvement in a […]