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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

UN: 54 Poor Nations Urgently Need Debt Relief

United Nations Secretary-General Antonio Guterres delivers the opening address at the 73rd session of the United Nations General Assembly at UN headquarters in New York, US, September 25, 2018. REUTERS/Shannon Stapleton

Cascading global crises have left 54 countries -- home to more than half of the world's poorest people -- in dire need of debt relief, the UN said Tuesday.

In a new report, the United Nations Development Program warned that dozens of developing nations were facing a rapidly deepening debt crisis and that "the risks of inaction are dire", AFP said.

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