While the global economy races forward, 700 million people in low-income countries (LICs) are trapped in a downward spiral of poverty, debt, and neglect. 📉 New analysis from World Bank economists reveals a stark reality: maternal mortality, energy access, and life expectancy in LICs are worse today than in 2000, with incomes projected to stay 13% below pre-pandemic levels by 2024.
The Silent Suffering of 700 Million
Imagine living on $1,000 a year. Now imagine your government spends more on wars than healthcare. ⚕️ That’s the daily reality for residents of the poorest nations, where half the population battles extreme poverty. Rising debt – now at 67% of GDP – and shrinking foreign aid have left these countries in a free fall. 💸
A Call to Action at the UN Summit
As world leaders gather for the 2023 SDG Summit, experts urge them to prioritize the promise of ‘leaving no one behind.’ Wealthier nations are redirecting aid to address domestic refugee crises, but ignoring root causes risks fueling more instability. 🌏💡 Time is running out to reverse this human tragedy.
