World Development Information Day

During the week of the IMF–World Bank Spring Meetings in Washington, DC, the Ministers of Finance and Central Bank Governors of developing countries will launch the Borrowers' Platform to improve their debt management capacity. The initiative is Member State-led, with UN Trade and Development (UNCTAD) serving as the secretariat. With remarks by UN Secretary-General António Guterres. Ministers of Finance and Central Bank Governors from eligible developing countries:H.E. Mr. Ahmed Kouchouck, Minister of Finance, Egypt H.E. Mr. Muhammad Aurangzeb, Federal Minister for Finance and Revenue, Pakistan The Borrowers' Platform was agreed by Member States at the Fourth International Conference on Financing for Development (July 2025) under the Sevilla Commitment. It addresses a gap in the international financial system, where developing countries remain underrepresented while creditor coordination has expanded. The Platform will: Strengthen South-South cooperation and knowledge-sharing...

This round table will focus on building a fairer and more effective global approach to sovereign debt management. The session will address ongoing challenges and short, medium and long-term solutions to debt sustainability, particularly for developing countries. Participants will explore how to reform global debt frameworks to make them more efficient, predictable, and responsive to development needs. The discussion will aim to explore solutions for establishing a development-oriented debt framework that encourages responsible borrowing and lending, reduces the cost of capital, enhances fiscal space, and ensures that debt restructurings are efficient, fair, predictable, and coordinated. Related Documents:  More Info . Watch the Multi-stakeholder round table 5: "Realizing a development-oriented sovereign debt architecture" - 4th International Conference on Financing for Development FFD4 (Sevilla, Spain!) Conferences