✉news WorldUnited Nations first seen 1 d ago, last 8 h ago, peak #4
UN warns developing economies face compounding crises with no fiscal room
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 warning that developing economies are facing overlapping crises — debt burdens, economic shocks and climate pressures — while their fiscal buffers have been badly depleted. The publication, titled 'No Time to Recover', argues that governments lack the financial capacity to respond to new shocks, calling for international action on debt relief and financing to prevent a deepening development crisis.
Why now: The UNDP has just published a new report highlighting growing fiscal vulnerability across the developing world.
United Nations Development Programme
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- No Time to Recover: Compounding Crises, Depleted Fiscal Buffers, and What It Means for Developing Economies · United Nations Development Programme
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