Cost of servicing external debt is preventing developing countries from investing for future Debt owed by developing countries rose to a record $9. 4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data shows. The UK government is preparing...
Source: [Guardian International](https://www.theguardian.com/business/2026/nov/05/developing-country-debt-record-94tn-high-world-bank-data)