Press Release
Secretary-General launches report to break “the cycle of debt distress”, ahead of Major UN Financing Conference
3.4 billion people now live in countries where debt interest payments are greater than expenditure on health or education
New York, June 27, 2025 – The United Nations Secretary-General today presented new recommendations–Confronting the Debt Crisis: 11Actions to Unlock Sustainable Financing–that aim to break the cycle of debt distress and lay the foundation for unlocking long-term, affordable financing that supports sustainable development.
With two-thirds of low-income countries now at high risk of—or already in—debt distress, the report highlights a growing crisis: soaring debt service…