The heads of the International Monetary Fund ( IMF) and the World Bank recently warned that rising interest rates are greatly affecting the world's poorest countries as they struggle with coronavirus and rising food prices. World Bank President David Malpass stated in a press conference, that there is “a huge buildup of debt, especially in the poorest countries.″ “As interest rates […]
The post IMF, World Bank Warn Of Debt Squeeze On Region first appeared on New York Carib News.
