World Bank chief says poorest countries owe $62 bln on bilateral debt

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World Bank Chief Says Poorest Countries Owe $62 Billion On Bilateral Debt

The world's poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past year, World Bank President David Malpass said on Thursday,

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World Bank chief says poorest countries owe $62 bln on bilateral debt

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World Bank chief says poorest countries owe $62B on bilateral debt

WASHINGTON  -The world’s poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35 percent over the past year, World Bank President David Malpass said on Thursday, warning that the increased burden is increasing the risk of defaults. Malpass told the Reuters NEXT conference in New York that two thirds of […] The post World Bank chief says poorest countries owe $62B on bilateral debt appeared …

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World Bank chief says poorest countries owe $62 billion on bilateral debt

WASHINGTON — The world's poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past

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World Bank chief says poorest countries owe $62 bln on bilateral debt

The poorest countries now owe $62 billion in annual debt service to official bilateral creditors, World Bank President David Malpass said.