{"id":586,"date":"2021-10-01T18:33:34","date_gmt":"2021-10-01T18:33:34","guid":{"rendered":"https:\/\/www.newsmakers.com.pk\/en\/?p=586"},"modified":"2021-10-01T18:38:41","modified_gmt":"2021-10-01T18:38:41","slug":"poor-countries-debt-situation-can-worsen-warns-world-bank","status":"publish","type":"post","link":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/","title":{"rendered":"Poor Countries Debt Situation Can Worsen; Warns World Bank"},"content":{"rendered":"\n<p><strong>CAIRO: (Web Desk)<\/strong> World Bank has warned the poor countries that their debt situation can be worsened due to unstable commodity prices and higher interest rates.<\/p>\n\n\n\n<p>According to the World Bank President David Malpass, the poor countries will have to gradually consolidate their fiscal position to maintain investor confidence.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.newsmakers.com.pk\/en\/business\/no-sales-tax-on-import-of-fresh-fruit-from-kabul\/578\/\" target=\"_blank\" rel=\"noreferrer noopener\">No Sales Tax on Fruits Import From Kabul<\/a><\/p>\n\n\n\n<p>Malpass said the low-income countries that resume debt service payments will find their fiscal space shrink when the debt service suspension or DSSI initiative expires at the end of this year.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.newsmakers.com.pk\/en\/business\/steel-prices-increase-once-again\/572\/\" target=\"_blank\" rel=\"noreferrer noopener\">Steel Prices Further Increase in Pakistan<\/a><\/p>\n\n\n\n<p>The WB President stressed accelerated cooperation to implement a G20 debt restructuring framework for poor countries. He said it was time to pursue a gradual and people-oriented fiscal consolidation and to restructure unsustainable debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAIRO: (Web Desk) World Bank has warned the poor countries that their debt situation can be worsened due to unstable commodity prices and higher interest rates. According to the World Bank President David Malpass, the poor countries will have to gradually consolidate their fiscal position to maintain investor confidence. No Sales Tax on Fruits Import &hellip;<\/p>\n","protected":false},"author":1,"featured_media":588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-586","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Poor Countries Debt Situation Can Worsen; Warns World Bank<\/title>\n<meta name=\"description\" content=\"World Bank President David Malpass has warned that the poor countries debt situation can be worsened due to unstable commodity prices.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Poor Countries Debt Situation Can Worsen; Warns World Bank\" \/>\n<meta property=\"og:description\" content=\"World Bank President David Malpass has warned that the poor countries debt situation can be worsened due to unstable commodity prices.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsMakers-Daily Latest Urdu Breaking News Updates\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-01T18:33:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-01T18:38:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"630\" \/>\n\t<meta property=\"og:image:height\" content=\"351\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"xaibi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"xaibi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/\"},\"author\":{\"name\":\"xaibi\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\"},\"headline\":\"Poor Countries Debt Situation Can Worsen; Warns World Bank\",\"datePublished\":\"2021-10-01T18:33:34+00:00\",\"dateModified\":\"2021-10-01T18:38:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/\"},\"wordCount\":137,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/\",\"name\":\"Poor Countries Debt Situation Can Worsen; Warns World Bank\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg\",\"datePublished\":\"2021-10-01T18:33:34+00:00\",\"dateModified\":\"2021-10-01T18:38:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\"},\"description\":\"World Bank President David Malpass has warned that the poor countries debt situation can be worsened due to unstable commodity prices.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg\",\"contentUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg\",\"width\":630,\"height\":351,\"caption\":\"World Bank President on Poor countries debt situation\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.newsmakers.com.pk\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Poor Countries Debt Situation Can Worsen; Warns World Bank\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#website\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/\",\"name\":\"NewsMakers-Daily Latest Urdu Breaking News Updates\",\"description\":\"We Make Better News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.newsmakers.com.pk\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\",\"name\":\"xaibi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g\",\"caption\":\"xaibi\"},\"sameAs\":[\"http:\/\/newsmakers.com.pk\/en\"],\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/author\/xaibi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Poor Countries Debt Situation Can Worsen; Warns World Bank","description":"World Bank President David Malpass has warned that the poor countries debt situation can be worsened due to unstable commodity prices.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/","og_locale":"en_US","og_type":"article","og_title":"Poor Countries Debt Situation Can Worsen; Warns World Bank","og_description":"World Bank President David Malpass has warned that the poor countries debt situation can be worsened due to unstable commodity prices.","og_url":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/","og_site_name":"NewsMakers-Daily Latest Urdu Breaking News Updates","article_published_time":"2021-10-01T18:33:34+00:00","article_modified_time":"2021-10-01T18:38:41+00:00","og_image":[{"width":630,"height":351,"url":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg","type":"image\/jpeg"}],"author":"xaibi","twitter_card":"summary_large_image","twitter_misc":{"Written by":"xaibi","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#article","isPartOf":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/"},"author":{"name":"xaibi","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1"},"headline":"Poor Countries Debt Situation Can Worsen; Warns World Bank","datePublished":"2021-10-01T18:33:34+00:00","dateModified":"2021-10-01T18:38:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/"},"wordCount":137,"commentCount":0,"image":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/","url":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/","name":"Poor Countries Debt Situation Can Worsen; Warns World Bank","isPartOf":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage"},"image":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg","datePublished":"2021-10-01T18:33:34+00:00","dateModified":"2021-10-01T18:38:41+00:00","author":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1"},"description":"World Bank President David Malpass has warned that the poor countries debt situation can be worsened due to unstable commodity prices.","breadcrumb":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#primaryimage","url":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg","contentUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/10\/World-Bank-President-David-Malpass.jpg","width":630,"height":351,"caption":"World Bank President on Poor countries debt situation"},{"@type":"BreadcrumbList","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/poor-countries-debt-situation-can-worsen-warns-world-bank\/586\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.newsmakers.com.pk\/en\/"},{"@type":"ListItem","position":2,"name":"Poor Countries Debt Situation Can Worsen; Warns World Bank"}]},{"@type":"WebSite","@id":"https:\/\/www.newsmakers.com.pk\/en\/#website","url":"https:\/\/www.newsmakers.com.pk\/en\/","name":"NewsMakers-Daily Latest Urdu Breaking News Updates","description":"We Make Better News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.newsmakers.com.pk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1","name":"xaibi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g","caption":"xaibi"},"sameAs":["http:\/\/newsmakers.com.pk\/en"],"url":"https:\/\/www.newsmakers.com.pk\/en\/author\/xaibi\/"}]}},"_links":{"self":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/comments?post=586"}],"version-history":[{"count":2,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/586\/revisions"}],"predecessor-version":[{"id":591,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/586\/revisions\/591"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/media\/588"}],"wp:attachment":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/media?parent=586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/categories?post=586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/tags?post=586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}