Debt Crisis Deepens for the World’s 26 Poorest Nations, Says World Bank

The 26 poorest countries in the world, which collectively house 40% of the globe's most impoverished population, have accumulated significant debt since 2006. According to a new report from the World Bank, these nations are increasingly susceptible to natural disasters and economic shocks, as reported by Reuters and BTA.

The findings indicate that these countries are, on average, in a worse financial position than they were before the COVID-19 pandemic, despite the global recovery seen in many other regions....