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Pakistan among 54 poor nations urgently need debt relief: UN_我的网站

A |     宏茂桥一间公寓式组屋单位以132万元转售。    Geneva, Oct 11 (UNI) 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 on Tuesday.

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

UNDP said without immediate relief, at least 54 countries would see rising poverty levels, and "desperately needed investments in climate adaptation and mitigation will not happen".

That was worrisome since the affected countries were "among the most climate-vulnerable in the world".

The agency’s report, published ahead of meetings of International Monetary Fund, the World Bank, and also of G20 finance ministers in Washington, highlighted the need for swift action.

But despite repeated warnings, "little has happened so far, and the risks have been growing," UNDP chief Achim Steiner told reporters in Geneva.

"That crisis is intensifying and threatening to spill over into an entrenched development crisis across dozens of countries across the world."

The poor, indebted countries are facing converging economic pressures and many find it impossible to pay back their debt or access new financing.

The UN agency said debt troubles had been brewing in many of the affected countries long before the Covid-19 pandemic hit.

According to data, 46 of the 54 countries had amassed public debt totalling $782 billion in 2020, the report said.

Argentina, Ukraine and Venezuela alone account for more than a third of that amount.

The situation is deteriorating rapidly, with 19 of the developing countries now effectively shut out of the lending market — 10 more than at the start of the year.

A third of all the developing economies have meanwhile seen their debt labelled as being "substantial risk, extremely speculative or default," UNDP’s chief economist George Gray Molina told Geo news.

The countries at the most immediate risk are Sri Lanka, Pakistan, Tunisia, Chad and Zambia, he said.

Steiner, who has repeatedly raised the alarm about the crisis, voiced hope the international community might finally recognise that action is in everyone’s shared interest.

"Prevention is better than treatment and certainly... much, much cheaper than having to deal with a global recession," he said.

UNI GNK。

B | （图：谷歌地图）宏茂桥一间公寓式组屋单位以132万元转售，刷新宏茂桥的组屋转售价格纪录。根据房地产网站99.co报道，上周四（1日）售出的这个单位位于宏茂桥3道第422座，介于13层至15层之间，单位总面积为174平方米。

C | 上个月底，宏茂桥5道第611座另一个公寓式组屋单位刚以130万元转手创纪录，但这个纪录数日后就被改写了。

D | 报道指出，公寓式组屋通常空间较大，高楼层单位景观好、噪音也比较少，因此相当受欢迎，这些都可能是让第422座这个单位以较高价格售出的原因。报道也指出，宏茂桥交通方便，有地铁站和巴士转换站，附近还有商场和两座小贩中心，这相信也是卖家能以高价出售的原因之一。另外，宏茂桥也有许多有名的学校，对家庭来说，是非常有吸引力的一点。

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