United Nations Development Programme

The UNDP warns that the Ebola outbreak in Africa could cost $3.6 billion, push 985,000 people into poverty, and threaten 300,000 jobs.

Pakistan's Parliament passed the Rs18.8 trillion FY27 budget 11 days after its presentation, incorporating 30 government-backed amendments while rejecting all opposition proposals. The process faced disruptions and protests, with calls for longer legislative debates to improve transparency and accountability. Recent progress includes increased parliamentary participation and technical support for budget scrutiny by the finance committee.

Two major earthquakes of magnitude 7.2 and 7.5 struck northern Venezuela on June 24, causing at least 1,430 deaths. The UN estimates direct physical damage at $6.7 billion, equivalent to 6% of Venezuela's GDP, amid the country's ongoing economic default.

Sudan has approved a $139 million national proposal to combat malaria, tuberculosis, and HIV/AIDS during a meeting at the UNDP headquarters in Red Sea State.

The UNDP warns that a potential U.S.-Israeli war with Iran could push over 30 million people into poverty globally due to energy affordability shocks. Projections from a 27-page UNDP brief suggest up to 32.5 million could fall into poverty, highlighting severe economic impacts of regional conflicts.

The United Nations Development Programme warns that a potential Iran war could push over 32 million people into poverty due to a 'triple shock' of rising energy costs, food prices, and weakened economic growth. Developing nations are expected to bear the brunt of this economic fallout, with global development facing significant setbacks.