Rising Debt and Falling Aid Force Developing Countries to Rethink Financing for Growth
Higher debt-service costs and a sharp fall in official aid are intensifying pressure on developing countries to find new ways to finance jobs and public services.
Higher debt-service costs and a sharp fall in official aid are intensifying pressure on developing countries to find new ways to finance jobs and public services.
International Monetary Fund Managing Director Kristalina Georgieva has urged member countries to honour funding pledges for programmes that support low-income and vulnerable states. Speaking during the IMF and World Bank…
UNHCR says it has received only 35% of the funding needed for 2026, threatening services for displaced people in several regions.
The IMF projects 3.1% global growth in 2026 while warning that conflict, energy costs and debt create significant downside risks.