Tag: Debt

Developing Nations Turn to Private Capital as Debt Burdens Surge and Aid Slams Shut

Key developments: Developing countries are confronting record-high external debt—$12.3 trillion, up $0.5 trillion from the previous year—while official development assistance from OECD donors plunged 23% in real terms in 2025, the steepest decline on record. In response, World Bank President…

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