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Urgent debt reforms needed to prevent ‘defaults on development’

Urgent debt reforms needed to prevent ‘defaults on development’

The 14th International Debt Management Conference renewed urgent calls for global financial system reforms to ensure debt supports development rather than undermining it.

High cost of finance stifles development, deepens inequalities: UN Trade and Development chief

High cost of finance stifles development, deepens inequalities: UN Trade and Development chief

Secretary-General Rebeca Grynspan said high borrowing costs stifle growth and drain financial resources, restricting investments in infrastructure, social services, and climate action.

Multilateralism and global debt reform: Key drivers for sustainable development

Multilateralism and global debt reform: Key drivers for sustainable development

The Summit of the Future is an opportunity to mend eroded trust in multilateralism and create hope for a better tomorrow, says UN Trade and Development chief Rebeca Grynspan.

‘Markets don’t suffer, people do’: UN Trade and Development chief urges sweeping debt reforms ahead of global summit

‘Markets don’t suffer, people do’: UN Trade and Development chief urges sweeping debt reforms ahead of global summit

Ahead of the Summit of the Future, Rebeca Grynspan highlights how debt burdens are crippling developing nations’ abilities to invest in critical services and their people.

UNCTAD chief: Fractured world in crisis demands ‘immediate action’ from G20

UNCTAD chief: Fractured world in crisis demands ‘immediate action’ from G20

In Brazil, Secretary-General Rebeca Grynspan renews calls for global financial system reforms to ensure a more sustainable and inclusive future for all nations.