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World Bank: Developing Countries’ External Debt Hit $9.4trn In 2025
- Washington, November 6 (IANS): Developing countries’ external debt reached a record $9.4 trillion in 2025, the World Bank said, warning that renewed access to private finance was coming at borrowing costs that threatened essential development spending.Debt rose 5.5 per cent, its fastest pace since 2021.
- Low- and middle-income countries paid $1.4 trillion in principal and interest during the year, the fifth consecutive annual increase, the International Debt Report 2026 said.The pressure was particularly acute for countries eligible for concessional financing from the International Development…
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