Developing states debt hit record USD9.4trn in 2025: World Bank
WASHINGTON: Low- and middle-income countries are borrowing more and paying more for new debt, with external debt surging 5.5 percent to a record USD 9.4 trillion in 2025, the World Bank said on Thursday. The Washington-based lender said borrowing through international bond markets had continued in 2026, raising critical questions about “whether the terms are sustainable and whether the capital…

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Developing states debt hit record USD9.4trn in 2025: World Bank (opens Business Recorder in a new tab)
WASHINGTON: Low- and middle-income countries are borrowing more and paying more for new debt, with external debt surging 5.5 percent to a record USD 9.4 trillion in 2025, the World Bank said on Thursday. The Washington-based lender said borrowing through…