business · The Guardian
Debt of poorest countries at record $9.4tn high, World Bank data shows
Thursday, November 5, 2026 · 2:30 PM
Cost of servicing external debt is preventing developing countries from investing for future Debt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data shows. The UK government is preparing to champion a “new drive on debt” as part of its presidency of the G20 next year – a move the prime minister, Andy Burnham,
This dispatch was composed for The Fennark Chronicle from a public news wire. The original publisher holds the full report; Fennark reprints the lead for this edition's page.
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