Global financial reforms critical to development: UN report

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A United Nations (UN) Report on Confronting the Global Debt Crisis has found that mounting debt servicing costs, limited access to affordable financing and slow progress on multilateral reform are exacerbating debt vulnerabilities and undermining countries' ability to invest in sustainable development and achieve the Sustainable Development Goals (SDGs).

The findings report frames the reforms of the global financial architecture and multilateral institutions as critical to development and the achievement of the 2030 Agenda.

SABC Correspondent Sherwin Bryce-Pease reports...

Category
South Africa
Tags
News, actuality, worldnews
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