26 poorest nations in worst financial shape since 2006, poorer than pre-COVID period: World Bank:

26 poorest nations in worst financial shape since 2006, poorer than pre-COVID period: World Bank:

Daily Current Affairs   /   26 poorest nations in worst financial shape since 2006, poorer than pre-COVID period: World Bank:

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Category : International Published on: October 15 2024

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  • world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks as per the new World Bank report.
  • Most of these countries are located in sub-Saharan Africa & have an annual per capita income of less than $1,145. Two-thirds of these are stuck in conflict or institutional fragility.
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