Scaling Up Local Currency Lending: A Strategic Imperative for Africa
Stories & Blogs OSAANov 19, 2024(News )Over 70 per cent of Africa’s debt increase in 2023 was due to currency depreciation, making external debt costlier to service and endangering financial stability.
Global goods trade on track for gradual recovery despite lingering downside risks
Stories & Blogs WHOOct 11, 2024(News )Global goods trade is projected to post a 2.7% increase in 2024, up slightly from the previous estimate of 2.6%, WTO economists said in an updated forecast on 10 October.
Small Island Developing States summit: UN experts urge States and development banks to support endangered islands
Stories & Blogs OHCHRMay 23, 2024(Press Release )UN human rights experts* today called for urgent action by States, financial institutions and development banks to support small island developing countries struggling with the triple burden of climate disasters, debt crisis and the aftermath of the COVID