United Nations Secretary General Antonio Guterres has condemned the tactics of rich countries against poor countries, saying that rich countries are harassing poor countries with additional interest rates.
Addressing the conference of 46 less developed countries in Qatar, UN Secretary General Antonio Guterres said that rich nations should give 500 billion dollars annually to promote their economies and improve health and education.
Antonio Guterres said that investment companies are raising interest rates, energy companies are making record profits, debt-ridden countries with limited resources are facing economic development challenges, and the global financial system was designed by rich countries to benefit them.
The Secretary General of the United Nations said that poor countries are caught in the worst storm of poverty, rich countries have failed to give hundreds of billions of dollars to help poor countries fight climate change.