UNDP Calls For Debt Relief For EMs

The transcript discusses the growing awareness of the global debt crisis, particularly among G20 countries, and the challenges faced by developing nations due to high interest rates and limited fiscal space. It highlights the need for urgent action to address these issues, including the involvement of private creditors in debt resolution. The transcript also emphasizes the importance of reforming multilateral development banks to meet funding needs for development and climate change initiatives.

What has been the recent awareness regarding the debt problem among G20 countries?

What are the risks posed by the debt problem to the global economy?

What is the significance of the Secretary General's call to the G20 regarding debt?

How does uncertainty in financial markets affect interest rates according to the text?

What challenges do low-income developing countries face in relation to debt?

What was the outcome of the debt resolution reached by Zambia?

What changes are suggested to encourage private capital to participate in financing?