Gzero Daily 17 April 2023
At last week’s World Bank/IMF Spring Meetings, GZERO Media spoke with Navid Hanif, assistant secretary-general for economic development at the UN, about the fact that three-fifths of the lowest-income countries in the world are debt distressed and in danger of default.
Hanif explains how a financial divide will eventually become a development divide, which is not good for the world. While stressing the urgency of the growing debt problem, Hanif also expresses optimism about the potential for post-pandemic progress, citing the growth of internet access and a renewed commitment to climate goals.
