International development secretary calls for creditors such as
China to be transparent
Britain’s international development secretary, Penny Mordaunt,
has sounded the alarm over rising
debt levels in the poorest countries amid fears heavy
repayments will jeopardise the fight against global poverty.
Mordaunt, speaking at the spring meeting of the World Bank in
Washington DC, urged
China and private lenders to be fully transparent about their
lending to developing countries.
Source: FS – All-News2-Economy
UK sounds alarm over rising debt levels in poorest countries