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Commonwealth chief urges global financial reform and debt resilience amid economic challenges.
Commonwealth Secretary-General Shirley Botchwey urged member nations to adopt bold measures to tackle global economic challenges during the IMF and World Bank meetings, highlighting slowing growth, rising debt, and climate risks.
She called for a reformed global financial system, promoted intra-Commonwealth trade advantages, and launched the “Year of Resilient, Innovative, and Sustainable Debt,” emphasizing tools like blue bonds and the Commonwealth Meridian system.
Botchwey announced new initiatives including a Resource Mobilization Directorate and expanded digital education funding, urging support for the Commonwealth Fund for Technical Cooperation to strengthen the Secretariat’s capacity.
El jefe de la Commonwealth insta a la reforma financiera global y a la resiliencia de la deuda en medio de los desafíos económicos.