世界银行：2025年激进的债务透明度报告（英文版）

Debt transparency is at the center of maintaining and monitoring debt sustainability. We have seen several borrowing countries gain full access to markets and be deemed creditworthy, only for hidden debts to come to light later and trigger economic collapse. All the analyses performed to identify whether a country’s debt is sustainable depend on full reporting of debt transactions and contracts. Many sovereign borrowers face higher interest costs, large refinancing needs, and more constrained