World Bank sounds alarm on ‘historical reversal’ of development for poorest nations
- April 15, 2024
- Infrastructure
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Half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, the World Bank said in a report on Monday. The differential between per capita income growth in the poorest countries and the richest has widened over the past five years, according to the report.
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