financial

General Assembly President Miguel d'Escoto Brockmann

Countries making progress ahead of UN development forum – Assembly President

25 November 2008
Countries are reaching some consensus on the key issues ahead of this weekend’s critical United Nations conference on the need to strengthen financing for development for poor countries amid a time of global economic turmoil, General Assembly President Miguel D’Escoto said today.
UNDP Administrator Kemal Dervis

UN forum aims to ensure adequate funds to meet development goals despite crisis

24 November 2008
Representatives of governments, business and civil society are set to meet this weekend in Doha, Qatar, at a United Nations conference focusing on ensuring sufficient financing to meet key development goals amid mounting concern about the impact of the current global economic slowdown on poor nations.
Secretary-General Ban Ki-moon meets today with Madeleine Albright, former United States Secretary of State, ahead of G-20 meeting

Ban welcomes global leaders' call for joint action on financial crisis

16 November 2008
Secretary-General Ban Ki-moon has welcomed the commitment made by world leaders to take joint measures to tackle the global financial crisis.
Secretary-General Ban Ki-moon meets today with Madeleine Albright, former United States Secretary of State, ahead of G-20 meeting

Ban urges swift action to prevent financial crisis from spinning into 'human’ one

14 November 2008
Secretary-General Ban Ki-moon today urged the leaders of the so-called Group of 20 (G-20) nations to take speedy steps to ensure that the current financial turmoil does not deepen human suffering worldwide.
General Assembly President Miguel d'Escoto Brockmann

General Assembly President unveils details of panel probing global financial system

14 November 2008
General Assembly President Miguel D’Escoto today announced the full composition of a high-level task force he is setting up to examine possible reform of the global financial system, including the International Monetary Fund (IMF) and the World Bank, in the wake of the current economic turmoil.
Secretary-General Ban Ki-Moon

Urgent action needed before global financial crisis worsens, Ban warns

13 November 2008
Immediate action is needed to prevent the current financial crisis from becoming a “human tragedy,” resulting in political and security challenges that would overwhelm the current economic problems, warned Secretary-General Ban Ki-moon ahead of this weekend’s meeting of the so-called Group of 20 (G-20) nations.
World Bank Group President Robert B. Zoellick

World Bank pledges up to $130 billion for poor countries in financial crisis

12 November 2008
The World Bank Group is to substantially increase support for developing countries by as much as $130 billion over the next three years to help them weather the spreading global financial crisis.

Financial crisis threatens push to boost global health, says top UN official

12 November 2008
The current financial turmoil, exposing the high level of interdependence among countries, could threaten to derail the momentum towards improving global health, the head of the United Nations World Health Organization (WHO) warned today.

International Monetary Fund approves package of nearly $16 billion for Hungary

7 November 2008
The International Monetary Fund (IMF) has approved a standby arrangement for Hungary worth nearly $16 billion to help the Central European country stave off a deepening of its economic troubles amid the global financial crisis.

International Monetary Fund agrees to provide $16 billion to assist Ukraine

6 November 2008
The International Monetary Fund (IMF) has approved a two-year standby arrangement for Ukraine worth more than $16 billion to help the Eastern European country’s authorities restore economic stability in the wake of the global financial crisis.