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  • No more excuses; Guterres calls for ‘revolution of support’ to aid world’s least developed countries
    World Finance News

    No more excuses; Guterres calls for ‘revolution of support’ to aid world’s least developed countries

    March 6, 2023 /

    Three years after the world began its epic struggle against COVID-19, the least developed countries (LDCs) – already grappling with severe structural impediments to sustainable development and highly vulnerable to economic and environmental shocks – have found themselves stranded amid a rising tide of crisis, uncertainty, climate chaos and deep global injustice.  “Systems are stretched or non-existent – from health and education to social protection, infrastructure, and job creation. And it is only getting worse,” Secretary-General António Guterres told the Fifth UN Conference on the Least Developed Countries, known as LDC5, taking place in the Qatar capital from 5 to 9 March.  He said that the global financial system, created by wealthy…

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