19 September 2023
The unending cycle of crisis and bailout has long tormented many poor and middle-income nations, worsened by the pandemic, Russia’s Ukraine invasion, and soaring food and fuel costs. The upcoming United Nations General Assembly will address this dire situation. Developing countries are drowning in over $200 billion of debt, risking economic collapse and erasing progress in education and health. Yet, these struggling nations continue to be overlooked by the international community.