The #COVID19 pandemic is a crisis like no other, and it is impacting the world’s poorest at a particular moment of peril.
In 2019, almost half of all low-income countries were in debt distress or at a high risk of it.
This year’s World Bank Group International Debt Statistics Report (IDS) details more debtor and creditor data on external debt than ever before in its nearly 70-year history, taking important strides in filling existing data gaps for low- and middle-income countries where the risks are greatest.
Achieving long-term debt sustainability will depend on a large-scale shift in the world’s approach to debt and investment transparency, and IDS provides a unique data set to shape the solutions that will be needed in the coming years.
Read my foreword here:
October 12, 2020 - Foreword: International Debt Statistics 2021
The COVID-19 pandemic is a crisis like no other. It has taken lives and disrupted livelihoods in
