The UN Secretary General António Guterres is appointing a leading think tank to promote viable policy solutions and galvanize the political and public support needed to resolve the debt crisis. The group – reads a note from the United Nations – will be led by Mahmoud MohieldinUN special envoy for financing the 2030 Agenda for sustainable development, and co-chaired by Paulo Gentiloniformer European Commissioner for the Economy, Trevor Manuelformer Minister of Finance of South Africa, and Yan Wangsenior academic fellow at Boston University’s Center for Global Development Policy.
“This work will inform the Fourth International Conference on Financing for Development, an intergovernmental process facilitated by the United Nations, to be held from June 30 to July 3, 2025 in Seville, Spain.”
“The developing world is currently facing an unprecedented debt crisis, with dozens of countries struggling under the burden of debt service that threatens economic stability, social progress and sustainable development. was missing.”
