For more information you can review our Terms of Service and Cookie Policy. Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. Why did this happen? He also urged fellow leaders to guarantee that middle-income countries can access credit at interest rates equivalent to the current ones in developed countries.On Saturday, the World Bank president had warned G20 leaders that failing to provide more permanent debt relief could lead to increased poverty and a repeat of the disorderly defaults of the 1980s. Avoid taking on debt and even less so if its for the benefit of a few, at the cost of the suffering of many, he said.
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