World Bank says 26 poorest countries in worst financial shape since 2006
Washington DC, US Reuters The world’s 26 poorest countries, home to 40 per cent of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer today […]
World Bank sounds alarm on “historical reversal” of development for poorest nations
Washington DC, US Reuters Half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, the World Bank said in a report on Monday. The differential between per capita income growth in the poorest countries and the […]