Development banks worsening poor countries’ debt burdens: World Bank

WORLD Bank President David Malpass on Monday chided other development banks for lending too quickly to heavily indebted countries, saying some were helping worsen already-challenging debt situations. Malpass said at a World Bank-International Monetary Fund debt forum in Washington that the Asian Development Bank, the African Development Bank, and the European Bank for Reconstruction and…

Subscribe to read full article. Subscribe today

Related posts

Dangote appoints MTN CEO to fertiliser unit board with IPO plans

Zambia restates copper ambition after posting record output

Netflix boosts bridge loan for Warner Bros deal to $42 billion

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More