These nations, home to about 62% of the worlds poor, grapple with critical challenges and lack necessary support, particularly in access to finance.
UNCTAD Deputy Secretary-General Pedro Manuel Moreno spotlighted on 6 February the challenges and potential of middle-income countries during a speech at a high-level conference in Rabat, Morocco.
Mr. Moreno said these nations lack the global support they need, despite being home to about 75% of the global population and 62% of the worlds poor and facing mounting debt and worsening climate vulnerabilities.
If we are committed to a world of shared prosperity, these countries need our support, Mr. Moreno said.
A daunting journey
The UNCTAD deputy chief said few middle-income countries have ma…
Read the full article at: https://unctad.org/news/poverty-debt-and-climate-risks-unctad-deputy-urges-stronger-support-middle-income-countries