The Least Developed Countries Report 2023 highlights that these countries have very high external financing needs as they pursue sustainable development. These needs have become even larger due to the emergence of multiple global crises.
At the same time, the international financial environment cannot provide least developed countries with the financing they need in the required amount and with appropriate conditions. Its reform is unavoidable.
The report provides a range of policy recommendations and innovative reform proposals to solve the current impasse in which these countries are trapped.
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About UNCTAD
UNCTAD is the UN’s leading institution dealing with trade and development. It is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
UNCTAD is part of the UN Secretariat and has a membership of 195 countries, one of the largest in the UN system. UNCTAD supports developing countries to access the benefits of a globalized economy more fairly and effectively.
We provide economic and trade analysis, facilitate consensus-building and offer technical assistance to help developing countries use trade, investment, finance and technology for inclusive and sustainable development.
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Journalists with access to the UNCTAD virtual newsroom may download the full text of the study as well as the press release.
Access to the virtual newsroom requires a password. To obtain one, please fill out the online form.
After the lifting of the embargo, documents related to the report will be available on the main UNCTAD website.
For further information or to request interviews with UNCTAD experts, please contact UNCTAD Communications and Information Unit, Catherine Huissoud, +41 22 917 5549, +41 79 502 43 11, catherine.huissoud@unctad.org or unctadpress@unctad.org, https://unctad.org/press.
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