Concluding Financing for Development Forum, Ministers Reaffirm Commitment to Strengthen Multilateral Cooperation, Solidarity in Combating Ill Effects of COVID-19

15 Apr

Ministers and other high-level officials concluded the 2021 Forum on Financing for Development Follow-up today, reaffirming their commitment to strengthen multilateral cooperation and solidarity to combat COVID-19’s frustration of global implementation of the 2030 Agenda for Sustainable Development, tenuous even before the unprecedented crisis exacerbated existing ones.

Short-Term Financing, Creation of Repo Market Crucial to Assist Poor Countries Facing Escalating Debt, Economic Contraction, Speakers Tell Financing for Development Forum

14 Apr

Poor countries are facing severe setbacks on their development paths, encumbered by ballooning debts, high risks of default and limited ability to inject desperately needed liquidity into their markets, economic experts told the Forum on Financing for Development today, as they offered ideas for ensuring a more equitable global recovery from the pandemic during three interactive panels.

Reforming Global Debt Architecture ‘Critical’, Secretary-General Says, Welcoming Steps by International Financial Institutions to Help Vulnerable Countries amid COVID-19

9 Apr

The following statement was issued today by the Spokesman for UN Secretary-General António Guterres on the steps announced by the International Monetary and Finance Committee and the World Bank Group Development Committee:

World Leaders to Meet on Strengthening Financial Measures to Boost Coping Efforts amid Fallout from COVID-19

29 Mar

With many countries continuing to struggle to overcome the human and economic devastation from COVID-19, United Nations Secretary-General António Guterres convened a meeting of world leaders on Monday, 29 March to urge the international community to take additional and urgent action to ensure a robust recovery.

Press Conference by Secretary-General António Guterres at United Nations Headquarters

29 Mar

Following is a transcript of UN Secretary-General António Guterres’ press conference with Prime Ministers Justin Trudeau of Canada and Andrew Holness of Jamaica on the high-level event on debt and liquidity, in New York today:

Secretary-General, Welcoming Launch of International Financial Accountability Panel’s Final Report, Says Economies Must Be Fair, Inclusive

25 Feb

Following is UN Secretary-General António Guterres’ message for the launch of the final report of the High-level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda, today: