Developing Nations Pay Higher Costs Due to Limited Access to Affordable Multilateral Loans
A report by ONE Data and The Rockefeller Foundation reveals that developing countries, particularly 'blend' nations, are paying billions more in borrowing costs due to limited access to affordable multilateral development bank loans. This has impacted their ability to fund essential projects like healthcare and education. The report highlights inefficiencies in MDBs and the growing reliance on international bond markets.
Topics: borrowing costs concessional lending developing nations infrastructure funding multilateral development banks