Poor nations’ leaders unleash anger and despair at UN summit

  • Date: 05-Mar-2023
  • Source: Al-Monitor
  • Sector:Oil & Gas
  • Country:Qatar
  • Who else needs to know?

Poor nations’ leaders unleash anger and despair at UN summit



Leaders from the world's poorest nations poured out their disappointment and bitterness at a UN summit on Sunday over the treatment of their countries by richer counterparts.

Many made pointed calls for the developed powers to come good with billions of dollars of promised aid to help them escape poverty and battle climate change.

Central African Republic's president told the UN Least Developed Countries meeting in Doha that his resource-rich but impoverished nation was being "looted" by "Western powers".

UN Secretary-General Antonio Guterres followed up an attack he made a day earlier on the "predatory" interest rates imposed by international banks on poor states.

He said there could be "no more excuses" for not providing aid.

But the opening day of general debate at the once-in-a-decade summit saw no major announcement of desperately needed cash -- apart from $60 million that host Qatar said it would give to United Nations programmes.

Leaders of the world's major economies have been markedly absent from debate, which will last five days, on the turmoil in poor nations.

At a meeting with LDC leaders on Saturday Guterres called for $500 billion to be mobilised for social and economic transformation.

Leaders also used the first day of public debate to renew demands