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World Bank Discusses Emergency Financing With 30–40 Countries

By Drooid · Oct 11, 2026, 3:18 PM UTC · How we work

Summary

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Ajay Banga said the World Bank is discussing emergency financing with 30-40 countries in Thailand.
He expects more governments to tap a US$50-60 billion pool after limited use of the US$25 billion crisis fund.
The bank could mobilize up to US$100 billion if conditions worsen, exceeding the US$70 billion pandemic disbursement.
Developing nations owe roughly US$400 billion to external creditors in 2026, with interest one-third.

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Story summary

Ajay Banga said the World Bank is discussing emergency financing with 30-40 countries in Thailand.
He expects more governments to tap a US$50-60 billion pool after limited use of the US$25 billion crisis fund.
The bank could mobilize up to US$100 billion if conditions worsen, exceeding the US$70 billion pandemic disbursement.
Developing nations owe roughly US$400 billion to external creditors in 2026, with interest one-third.