Alexander De Croo says foreign aid won't solve current economic troubles

UNDP Administrator Alexander De Croo spoke with Nikkei on the sidelines of the International Monetary Fund and World Bank meetings in Bangkok. (Photo by Ken Kobayashi)
KENYA AKAMA
October 16, 2026 03:33 JST
BANGKOK -- Developing countries face a shortfall of 800 million jobs over the next decade, United Nations Development Programme Administrator Alexander De Croo said on Thursday, adding that a shift from aid to private-sector investment could help create employment.
