71. UN report: After years of lost growth, least developed countries need inclusive finance to meet development goals

This episode of The Weekly Tradecast is looking at the UN’s Least Developed Countries Report 2023 with one of the authors, UNCTAD economist Matfobhi Riba.

The world is facing soaring costs of food, energy and financing – along with extreme weather and geopolitical upheaval. Most vulnerable are the 46 nations classified as the least developed countries (LDCs).

After some years of progress, the pandemic hit the LDCs hard, cutting economic growth sharply and pushing an extra 15 million people into extreme poverty.

Listen in to UNCTAD’s Matfobhi Riba to find out why these nations need urgent help to address inequalities and how they can get back on track for the Sustainable Development Goals.