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The World Bank warns that nearly 80% of sub-Saharan African countries now spend more on public debt interest than on healthcare or education. Read More: https://punchng.com/wbank-debt-interest-eats-into-health-education-budgets-across-africa/
We haven't written up this one. Punch Nigeria has the full story — the link below goes straight to it.
ISLAMABAD: The World Bank has proposed USD 200 million in financing to help Khyber Pakhtunkhwa (KP) broaden its tax base and improve public service delivery, targeting an increase in the province’s own-source tax revenue from Rs64 billion to Rs122 billion in real terms by June 2031.
BANGKOK: Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy supply shock and rising interest rates…
BANGKOK — Finance ministers and central bankers meet in Bangkok this week for the annual gatherings of the International Monetary Fund (IMF) and World Bank, with the global economy buffeted between the U.S.-Iran war's energy shock, rising debt pressures and the AI boom.
