World Bank staff want to change how they decide if poor countries can borrow more money

The World Bank and IMF are asking for public comments on new proposals to measure how much debt poor countries can handle. These changes could make it easier or harder for low-income nations to borrow money from international lenders.

For nearly twenty years, the World Bank and IMF have used the same system to decide if poor countries can take on more debt. This system directly affects how much money these countries can borrow and what conditions come with it. The proposed updates aim to make the debt assessment more accurate for today's global economy.