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Delhi G20 Summit an opportunity to start reform of global financial system: UN chief

Delhi G20 Summit an opportunity to start reform of global financial system: UN chief
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11 July 2023 - Daily Press Briefing by the Office of the Spokesperson for the Secretary-General

11 July 2023 - Daily Press Briefing by the Office of the Spokesperson for the Secretary-General
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3.3 billion people live in countries that spend more on debt interest than education, UN says

Some 3.3 billion people – almost half of humanity – now live in countries that spend more money paying interest on their debts than on education or health, according to a new U.N. report released Wednesday. U.N. Secretary-General Antonio Guterres told a press conference launching the report that because this “crushing debt crisis” is concentrated mostly in poor developing countries, it is “not judged to pose a systemic risk to the global financial system.” “This is a mirage,” the U.N. chief warned.

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Crushing Debt Crisis Spells Development Disaster for Billions: UN Chief

Crushing Debt Crisis Spells Development Disaster for Billions: UN Chief
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Global public debt at unprecedented levels of $92 trillion: UN

Global public debt at unprecedented levels of $92 trillion: UN
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