Global Wealth Gap Widens Amid Unfulfilled Aid Promises
A UN report finds that the gap between rich and poor nations is increasing because major global financial agreements remain unfulfilled. The assessment highlights that plans adopted in Seville to meet 2030 development goals are stalled.
The gap between rich and poor nations is growing even wider as actions agreed to by many countries last year, including overhauling the major global financial institutions, remain unfulfilled promises, a UN report has concluded. The report assessing the blueprint adopted in Seville, Spain, last June to narrow the gap and achieve UN development goals for 2030 was issued ahead of next weekβs spring meetings in Washington of the International Monetary Fund and the World Bank, the main global...