November 23, 2024 16:24 (IST)
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UN chief urges ‘surge in investment’ to overcome $4 trillion financing gap

UN chief urges ‘surge in investment’ to overcome $4 trillion financing gap

The UN Secretary-General on Monday called for a “surge in investment” to give developing countries a chance to build better lives for their people.

Guterres urges ‘decisive action’ to stave off debt crisis in developing world

Guterres urges ‘decisive action’ to stave off debt crisis in developing world

New York: Though significant steps have been taken to prevent debt crises across the world sparked by the COVID-19 crisis, they have not been sufficient to restore economic stability in many developing countries, according to a policy brief issued by the UN Secretary-General on Monday.

Impact of high debt levels on least developed countries ‘cannot be overstated’, says UN

Impact of high debt levels on least developed countries ‘cannot be overstated’, says UN

New York, Apr 14 (IBNS): The impact of high levels of debt on development efforts “cannot be overstated”, the head of the United Nations Development Fund (UNDP) told a Ministerial Breakfast Meeting on least development countries (LDCs) on Saturday.