debt Archives - Career Meaning

UNAIDS: Rising debt in sub-Saharan Africa costing lives

·September 19, 2024·2 min read

The report details how this debt crisis is jeopardising progress aimed at ending AIDS in Sub-Saharan African countries, which account for a significant majority of people living with HIV globally – 25.9 million people of the nearly 40 million total. If debt payments and stifled budgets are unaddressed in the...

Debt crisis in developing countries weighing down SDG push, Rwanda’s Kagame warns

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·September 21, 2023·1 min read

The SDG summit held in New York earlier this week highlighted the disappointing progress made toward achieving the UN’s 17 SDG goals by 2030, said Mr. Kagame. He commended the Secretary-General’s focus on the issue and emphasized that slow progress toward achieving SDGs would exacerbate economic disparities between countries. “This year’s...

‘Crushing’ debt crisis spells development disaster for billions: UN chief

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·July 13, 2023·1 min read

According to a new report by the UN Global Crisis Response Group, entitled A World of Debt, a total of 52 countries – almost 40 per cent of the developing world – are in “serious debt trouble”, Mr. Guterres said, backing calls for them to receive urgent fiscal relief. Last year global...

At Caribbean Summit, UN chief calls for climate action, debt relief, and urgent aid for Haiti

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·July 4, 2023·2 min read

Haiti The security situation in Haiti “is appalling,” said UN Secretary-General António Guterres, recalling his recent visit to the fragile nation. He called for swift action at a time when the humanitarian needs are “soaring”. And although “there is not yet the political solution in sight”, the UN chief expressed...

Draft NY state law a ‘golden opportunity’ to ensure fair debt relief

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·June 9, 2023·1 min read

Olivier de Schutter, Special Rapporteur on extreme poverty and human rights, and Attiya Waris, Independent Expert on foreign debt and human rights, have welcomed the proposed New York Taxpayer and International Debt Crises Prevention Act, which is currently under discussion. They urged lawmakers to adopt the draft bill, which compels...

SDG stimulus could unlock $148 billion in debt savings: UNDP

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·February 23, 2023·2 min read

The report – Building blocks out of the crisis: The UN’s SDG Stimulus Plan – was issued ahead of the G20 Finance Ministers and Central Bank Governors Meeting in Bangalore, India, which begins on Friday. UNDP has called for action to protect developing nations from the impact of today’s overlapping...