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The global debt crisis is speeding up — not slowing down: Rebeca Grynspan
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The global debt crisis is speeding up — not slowing down.

UN Trade and Development (UNCTAD) Secretary-General Rebeca Grynspan warns of urgent action needed at the 4th International Conference on Financing for Development in Sevilla this week.

Over 3.4 billion people now live in countries spending more on debt payments than on essential public services.

This isn’t about numbers — it’s about impossible choices no country should face: repay debt or fund hospitals.

UNCTAD is working with member states and other partners to end the debt trap, unlocks long-term finance, redefines prosperity beyond GDP, and makes trade work for inclusive growth.

Follow us at #FFD4 ▶️ unctad.org/unctad-at-ffd4

Join live ▶️ webtv.un.org/

#FinancingOurFuture
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Genre: Nonprofits & Activism
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RYD date created : 2025-07-03T04:52:59.87589Z
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