✉news WorldUnited Nations first seen 19 h ago, last 1 h ago, peak #4
UNDP warns compounding crises are draining developing economies' fiscal buffers
Original: No Time to Recover: Compounding Crises, Depleted Fiscal Buffers, and What It Means for Developing Economies
The United Nations Development Programme has released a new report, 'No Time to Recover: Compounding Crises, Depleted Fiscal Buffers, and What It Means for Developing Economies'. It argues that overlapping shocks—debt burdens, climate disasters, conflicts and economic downturns—are hitting developing countries faster than they can recover, leaving governments with little fiscal space to respond. The analysis highlights growing risks to poverty reduction and development prospects worldwide.
Why now: A new UNDP report on overlapping crises and shrinking fiscal room in developing economies is drawing attention from policymakers and development observers.
United Nations Development Programmedeveloping economies
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Evidence
- No Time to Recover: Compounding Crises, Depleted Fiscal Buffers, and What It Means for Developing Economies · United Nations Development Programme
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