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May 18, 2025
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COVID-19 increasing debt

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COVID-19 fuels debt as limited transparency raises concerns

Byron Adonis Mutingwende4 years ago06 mins

By Coalition on Debt and Development (ZIMCODD) Recently, the World Bank announced that due to the impacts of Coronavirus Disease 2019 (COVID-19), poor countries including Zimbabwe have been pushed to new debt levels. David Malpass, the bank’s president, warned the virus had widened the gap between rich and poor nations, setting back progress by years…

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