Debt can drive sustainable development. No country has developed without it. But only when the #debt is fair, sustainable and inclusive. Today, more than 3.4 billion people live in countries that spend more on debt payments than on #health, #education and #ClimateAction. Developing countries pay up to 12 times more to borrow than developed countries. To resolve the global debt crisis, we must establish an inclusive debt restructuring mechanism that ensures public debt sustainability. Let’s make
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Debt can drive #sustainabledevelopment. No country has developed without it. But only when the #debt is fair, #sustainable and #inclusive. Today, more than 3.4 billion people live in countries that spend more on debt payments than on #health, #education and #climateaction. Developing countries pay up to 12 times more to borrow than developed countries. To resolve the global debt crisis, we must establish an inclusive debt restructuring mechanism that ensures #publicdebt #sustainability. Let’s ma
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