# Developing countries hit by overlapping crises, UNDP chief warns

https://mins.news/en/item/83160

- Reuters, 2026-10-02 09:15 UTC
- World
- Original: https://www.reuters.com/business/environment/developing-countries-hit-by-overlapping-crises-undp-chief-warns-2026-10-02/?link_source=ta_bluesky_link&taid=6abf7621aa92170001cbfb0d

> Rising energy prices, a super El Nino and sharply higher borrowing costs are putting growing pressure on developing countries, the United Nations Development Programme said. It said conditions were approaching those seen during the pandemic, when the G20 suspended debt payments for the poorest nations.