UN Secretary-General Guterres calls for a $500bn annual stimulus for developing nations, addressing a $4 trillion gap in sustainable development financing.

UN Secretary-General António Guterres calls for $500bn annual stimulus for developing countries, addressing a $4 trillion annual financing gap for sustainable development. He urges developed nations to work towards this goal and emphasizes the need for greater representation of developing countries in global financial systems. Guterres also stresses reform in the global financial architecture to channel resources to vulnerable economies.

April 22, 2024
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