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Debt Service Payments by Developing Countries Hit $921bn in 2024, Says UN Report 

The report, ‘Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing’, was launched over the weekend by UN Deputy Secretary-General Amina Mohammed.


Mohammed was joined by experts – Mahmoud Mohieldin and Paolo Gentiloni – along with RebecaGrynspan, Head of the UN Conference on Trade and Development (UNCTAD).


The report showed a “silent crisis” of surging debt service payments in low-income countries and charted the path out of the debt crisis threatening global development.

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