Egyptian Finance Minister Ahmed Kouchouk has called for the creation of new mechanisms for sustainable debt management in low and middle-income countries and the reform of the global financial structure to turn debt into opportunities for investment and development.
Speaking at a roundtable on finance and debt during an UNCTAD conference in Geneva, Kouchouk said Egypt looks forward to a shared vision for an economic transformation towards more just, inclusive, and sustainable development. He highlighted the need for UNCTAD to play a larger role in addressing developmental challenges and finding innovative financing solutions.
“Geopolitical tensions, climate change, food security, and the digital divide impose enormous pressures on…