Poor countries are being "hunting" with high interest rates: UN

 Poor countries are being "hunting" with high interest rates: UN

UN Secretary -General Antonio Guterres has blamed the richest countries in the world for the difficult life of the citizens of poor countries.

He said that rich countries and major energy companies are 'hunting' by raising interest rates of poor countries.

Addressing a conference in Doha, the capital of Qatar, on Saturday, the UN Secretary -General said that there are more than 40 countries in the world that are suffering from extreme poverty.

He said that rich countries should help others with $ 500 billion annually as these countries are being kept out due to high interest rates from the Capital Market and large energy companies are making record profits.

According to Antonio Gitres, it is a 'vicious cycle' in which the economy of poor countries has been trapped and which hinders efforts to improve health and education in these countries.

The summit of the 46 most developed countries in the world is usually held every 10 years, but since 2021 it has been delayed twice due to the Corona virus pandemic diseases.

The two poorest countries are not attending a meeting in Afghanistan and Myanmar Doha because the governments do not recognize the members of the United Nations.

The leader of the world's largest economy did not attend this meeting.

Speaking at the inauguration of the summit, Antonio Gitres said that the 'economic development of poor countries is a difficult phase when there is a shortage of resources, debt is increasing and the unprecedented response from developed countries in dealing with global epidemic. Is.'

The poorest countries have long complained that they did not get a proper share in the coord vaccine. The rich countries focused on Europe and North America.

The UN Secretary-General said that nothing was done for the countries suffering from destruction due to global climate change and that the aid provided needed to be equal.

"Fuel -connected companies are making a lot of profits, while millions of people in the world have nothing to eat."

Gitres said that the poorest nations are being left behind in the digital revolution, and the Ukrainian war has dramatically increased food and fuel prices.