Once upon a fiscal moonlit night, under the constellation of orange ledgers and in the realm where global economics play their rhythm, whispered tales began to ripple. A saga unfurled revealing a stark reality that glimmered brighter than ever before and it painted a scenario in numbers – grand, daunting, and almost unreal.
They say truth is often stranger than fiction and this one was no different. Developing countries had spent a jaw-dropping $443.5 billion, an all-time unparalleled record to service their public debts in the year 2022. The maestro behind this revelation? The world-renowned wizard of global economics, the World Bank.
