Taking decisive action to stave off a debt crisis in the developing world

Secretary-General and debt policy brief

Though significant steps have been taken to prevent debt crises across the world sparked by the COVID-19 crisis, they have not been sufficient to restore economic stability in many developing countries, according to a policy brief issued by the UN Secretary-General on Monday, 29 March.  The policy brief was released to coincide with the high-level meeting of Heads of State and Government on Financing for Development in the Era of COVID-19 and Beyond.

 Read the new Secretary-General Policy Brief on Liquidity and Debt Solutions to Invest in the SDGs: The Time to Act is Nowhere.

Read more about the high-level meeting here.

Additional information on debt and debt sustainability can be found here.