The World Bank released its latest country income classification last week. While there are some expected upgrades, one surprising development stands out: the reclassification of South Sudan from low-income to lower-middle-income status.
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Lean Alfred Santos is a former Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. He previously covered Philippine and international business and economic news, sports and politics.
