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The Business Standard

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June 19, 2026

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FRIDAY, JUNE 19, 2026

developing countries\

developing countries\

Carmen Reinhart, Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017. REUTERS/Ruben Sprich/File Photo/File Photo

Private debts pose hidden risk to developing countries, World Bank warns

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