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Pakistan among 54 poor nations urgently need debt relief: UN_我的网站

A |     Geneva, Oct 11 (UNI) Cascading global crises have left 54 countries — home to more than half of the world’s poorest people — in dire need of debt relief, the UN said on Tuesday.

In a new report, the United Nations Development Programme warned that dozens of developing nations were facing a rapidly deepening debt crisis and that "the risks of inaction are dire".

UNDP said without immediate relief, at least 54 countries would see rising poverty levels, and "desperately needed investments in climate adaptation and mitigation will not happen".

That was worrisome since the affected countries were "among the most climate-vulnerable in the world".

The agency’s report, published ahead of meetings of International Monetary Fund, the World Bank, and also of G20 finance ministers in Washington, highlighted the need for swift action.

But despite repeated warnings, "little has happened so far, and the risks have been growing," UNDP chief Achim Steiner told reporters in Geneva.

"That crisis is intensifying and threatening to spill over into an entrenched development crisis across dozens of countries across the world."

The poor, indebted countries are facing converging economic pressures and many find it impossible to pay back their debt or access new financing.

The UN agency said debt troubles had been brewing in many of the affected countries long before the Covid-19 pandemic hit.

According to data, 46 of the 54 countries had amassed public debt totalling $782 billion in 2020, the report said.

Argentina, Ukraine and Venezuela alone account for more than a third of that amount.

The situation is deteriorating rapidly, with 19 of the developing countries now effectively shut out of the lending market — 10 more than at the start of the year.

A third of all the developing economies have meanwhile seen their debt labelled as being "substantial risk, extremely speculative or default," UNDP’s chief economist George Gray Molina told Geo news.

The countries at the most immediate risk are Sri Lanka, Pakistan, Tunisia, Chad and Zambia, he said.

Steiner, who has repeatedly raised the alarm about the crisis, voiced hope the international community might finally recognise that action is in everyone’s shared interest.

"Prevention is better than treatment and certainly... much, much cheaper than having to deal with a global recession," he said.

UNI GNK。    조국혁신당이 전통시장 측이 부담하던 시장 내 편의시설의 운영 관리 비용을 정부와 지방자치단체가 지원할 수 있도록 하는 법안을 발의합니다. 혁신당 신장식 대표는 오늘(26일) 국회에서 열린 당 민생현안점검회의에서 “영등포 전통시장을 찾아 애로 사항을 듣고 개선책을 마련했다”며 이러한 내용의 ‘전통시장 및 상점가 육성을 위한 특별법 일부 개정 법률안’을 발의한다고 밝혔습니다. 신 대표는 “소방도로 같은 공공시설, 쉼터 같은 고객 편의시설의 운용 관리 비용을 시장이 부담해 왔다. 이는 부당하다”며 입법 취지를 설명했습니다. 신 대표는 당 ‘민생기병대’를 발족시킨 후 서울 영등포시장과 광주 말바우 시장 등을 차례로 방문하며 애로사항을 듣고 있다며 “다른 지역 전통시장 오일장도 전부 돌 것”이라고 전했습니다. 이어 “‘민생기병대’는 전통시장 자체의 어려움을 해결하고 개선하는 일은 물론, 전통시장 손님들의 말씀도 귀담아듣겠다”며 “그렇게 경청하면서 민생 의제들을 하나하나 발굴해 나갈 것”이라고 덧붙였습니다.■ 제보하기▷ 전화 : 02-781-1234, 4444▷ 이메일 : [email protected]▷ 카카오톡 : 'KBS제보' 검색, 채널 추가▷ 유튜브, 다음에서도 KBS뉴스를 구독해주세요!。

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Published on:11:49:49