World Bank warns developing nations of post-COVID fragility in financial sector Economy

World Bank warns developing nations of post-COVID fragility in financial sector

The World Bank has called on developing countries to improve the health of their financial sectors, warning that risks created by the COVID-19 pandemic had led to certain fragilities from what it called ‘non-transparent debt’. These risks – as per the Bank’s World Development Report 2022, released on February 15 – may currently be hidden […]