Economic Development and Development Finance

‘Leave no one behind’ mantra matters more than ever, as coronavirus threatens all humanity: Guterres

Secretary-General António Guterres issued a three-point global “Call to Action” on Thursday to cushion the colossal fallout from the COVID-19 pandemic, pressing Governments to unify around a defining moment in history, as the new session of the UN’s Financing for Development Forum got underway. 

Coronavirus economics: Debt-laden countries at risk, as financial markets screech to a halt

Economists and finance experts are warning that countries with “high” or “distressed” public debt levels are at risk of severe economic shocks amid the COVID-19 pandemic and calling for restructuring plans based on the principle of solidarity.