[VIDEO] Nigeria ranks fifth in top 10 counries with high debt risk exposure

It stated this in the financial statement for International Development Association, which was among the World Bank Fiscal year 2021 audited financial statements.
The financial statement said, “IDA faces two types of credit risk: country credit risk and counterparty credit risk.
Nigeria was rated fifth on the list with $11.7bn IDA debt stock, while India led the list with $22bn IDA debt stock, followed by Bangladesh with $18.1bn IDA debt stock, Pakistan with $16.4bn IDA debt stock, and Vietnam with $14.1bn IDA debt stock.
Other countries on the list in order of appearance include Ethiopia, Kenya, Tanzania, Ghana, and Uganda.
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