01 Dec New approach needed to end extreme poverty in poorest nations – UN official
Posted at 19:50h
in News
The number of people living in extreme poverty in the world’s least developed countries (LDCs) has been on the rise despite higher national incomes in some of those States, a senior United Nations official said today, calling for a review of the current development approaches.
“Even in the period between 2002 and 2007, during the so-called ‘boom of the LDCs,’ the pattern of growth followed in most countries has been neither inclusive nor sustainable,” said Petko Draganov, the Deputy Secretary-General of the UN Conference on Trade and Development (UNCTAD).