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Debt gap rises to 50-year high in developing countries: World Bank

Developing nations face a severe debt crisis. The gap between debt repayments and new financing has reached a 50-year peak. External debt for these countries hit a record high in 2024. India's external debt also saw an increase. However, India benefited from bond index inclusions and increased lending. South Asia experienced significant net inflows, largely directed to India.

3 Dec 2025 10:13 pm