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[CNA] World Bank warns of risks of ignoring rising debt of poor countries

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[/ATTACH][BR] The delay in tackling rising debt in poor countries seems unlikely to be resolved by the G20 group of nations, a senior World Bank official has warned. [AT A TIME WHEN INTEREST RATES ARE STARTING TO RISE AROUND THE WORLD, PUTTING MORE PRESSURE ON BORROWERS, FINANCE MINISTERS FROM THE WORLD'S 20 LARGEST ECONOMIES ARE DUE TO MEET IN INDONESIA THIS WEEK.

However, World Bank chief economist Carmen Reinhart doubts there will be a resolution soon to help address unsustainable debt.
(CNA)

CNA - French News Agency
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