Debt

UNCTAD's Least Developed Countries Report 2023 says the enormous funding gaps in these countries must be covered mainly by long-term, low-cost and accessible financial flows from international public sources.

The Trade and Development Report 2023 projects world economic growth to slow from 3% in 2022 to 2.4% in 2023, calling for global financial reforms and more pragmatic policies to tackle pressing challenges.

In New York, UNCTAD chief Rebeca Grynspan joins world leaders in pushing for financing to keep the promise of sustainable development to everyone, everywhere.

Budding economists and thought leaders showcased their research on finance and globalization, engaging with senior experts from across the globe.

UNCTAD and its partners help equip the African nation with the tools and knowledge to better manage its public debt and enhance transparency.

About 3.3 billion people now live in countries where debt interest payments are greater than expenditure on health or education.

The annual SDG Pulse provides analysis on how the world fares in achieving targets of the UN 2030 Agenda for Sustainable Development.

By Richard Kozul-Wright, Director of the Globalization and Development Strategies Division, UNCTAD

The world’s most vulnerable economies need urgent global action as current crises threaten to reverse decades of development gains.

Climate change is compounding the debt crisis in developing countries. UNCTAD spells out the actions necessary to safeguard the world’s sustainable development ambitions.