# Gap between rich and poor nations is growing even wider as actions agreed to by many countries last year remain unfulfilled.

*business · news · 2026-04-11 · South China Morning Post*

## Key points

- The UN report finds the rich-poor gap is widening due to unfulfilled reform promises.
- Actions to overhaul global financial institutions agreed in Seville remain largely unimplemented.
- Geopolitical tensions and trade barriers are worsening developing countries' access to financing.
- The Seville Commitment aimed to close a $4 trillion annual development financing gap without US participation.

**Companies:** International Monetary Fund, World Bank
**Countries:** Iran, United States, Spain

[Read the full story on South China Morning Post](https://www.scmp.com/news/world/article/3349731/global-wealth-gap-grows-aid-worlds-poorest-sees-record-drop)

---

Canonical: https://newsio.io/n/2d53ecd9-2f20-4bae-9a3b-fef9bca94c87/gap-between-rich-and-poor-nations-is-growing-even-wider-as-actions-agreed-to-by
Summarized by Newsio from South China Morning Post. https://newsio.io/how-it-works