The United Nations has released a report on the debt situation of the countries of the world.
United Nations Secretary General Antonio Guterres has said that countries with a population of more than 3 billion spend more on debt than on health and education.
He said that half of the world’s population lives in countries that spend more on debt and interest than on health and education.
Antonio Guterres says that half of our world is drowning in debt crisis, with global public debt reaching $92 trillion in 2022.
The UN Secretary General said that the burden of debt is on poor countries, so it is not considered a threat to the global financial system.
He also says that the level of public debt at the global level is increasing alarmingly, the debt crisis is a system failure, action against it is not easy but very necessary.
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