Developing nations at risk of debt crisis due to Covid-19: World Bank head
- A debt crisis is a prominent risk for some of the countries at the bottom, and that has to do with the difficulty of getting new investment: David Malpass
- The rest of the world should see that there’s a beneficial linkage in finding ways to reduce unsustainable debt in developing countries, he added
Developing nations remain at risk of a debt crisis due to the impact of the global pandemic, and the World Bank is working on ways to reduce the burden, President David Malpass said.
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