Developing countries face growing risks from financial fragility – World Bank

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Developing countries face growing risks from financial fragility – World Bank

A new World Bank report says developing countries face growing risks from financial fragility created by the COVID-19 crisis and non-transparent debt. As rising inflation and interest rate increases pose further challenges to recovery, developing countries need to focus on creating healthier financial sectors. According to the World Development Report 2022: Finance for an Equitable Recovery…
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