The poorest countries face $35 billion in debt service payments to official bilateral and private creditors, with over 40 percent of that due to China.
Lebanon's president estimates the country needs time to overcome the financial crisis as its central bank governor says around $15 billion would help to restore.
More than two years into the Covid-19 pandemic, the world has enough information to decide if the new education reality could be adapted to the post-Covid era. Data suggests against it.
Some 31 donors to Afghanistan Reconstruction Trust Fund must approve fund transfer to World Food Program and UNICEF, Reuters news agency reports.
Rocketing unemployment in Gaza stands at 45 percent, while it stands at around 17 percent in the occupied West Bank.
While cracking down on protesters, security forces arrest prominent coup critics to 'tighten' the military control over the capital.
The body said the suspension would remain in place "until the effective restoration of the civilian-led transitional authority" in the country as international backlash toward the military coup has grown.
Fuel, medicine and food shortages have cast a shadow over the transition process, while cuts to international aid could now deepen the country’s economic woes
Lebanese citizens have little confidence that change is on the horizon with the newly-elected billionaire prime minister, Nijab Mikati.
US Treasury issued two general licenses, one of which allows the US government, NGOs and certain international organizations, including the UN, to engage in transactions with the Taliban in a bid to provide aid to the war-torn country.
Aid agencies said that while their ground operations were broadly unaffected, they had seen a significant increase in demand as other facilities are unable to fully function.
The Bank, which has provided $5.3 billion to the country since 2002, is deeply concerned about the situation there and the impact on its development prospects, a bank spokesperson says.
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