World Bank says 26 poorest nations in worst financial shape since 2006
- Posted on October 14, 2024
- By Business News Today
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World Bank says 26 poorest nations in worst financial shape since 2006
The World Bank reports that the 26 poorest countries are more indebted than ever, facing increased vulnerability to natural disasters and shocks. Despite the World Bank's efforts to provide financial support, these economies are poorer than pre-pandemic levels and continue to rely heavily on IDA grants and loans.
