Countries get a World Bank playbook for managing their debt reputation

The World Bank published a guide for countries to improve how they talk to their lenders. It gives them practical tools and templates to manage public debt and lower borrowing costs.

Many countries struggle to manage their public debt, especially during financial stress. This guide offers a standardized way for them to build trust with investors and credit rating agencies. It means countries that lacked resources can now adopt practices used by more advanced economies.