Debt service burden forcing poor to make tough choices, UN official says


  • World
  • Monday, 07 Oct 2024

HAMBURG, Germany (Reuters) -Many of the world's poorest countries are having to cut other investment in order to service debts, United Nations Development Programme administrator Achim Steiner said on Monday.

Speaking at an event in Hamburg, Steiner added that the financial crunch meant countries worldwide were struggling to meet their sustainable development goals.

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