BEGIN:VCALENDAR
VERSION:2.0
METHOD:PUBLISH
CALSCALE:GREGORIAN
PRODID:-//WordPress - MECv6.5.6//EN
X-ORIGINAL-URL:https://www.v-20.org/
X-WR-CALNAME:V20: The Vulnerable Twenty Group
X-WR-CALDESC:
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-PUBLISHED-TTL:PT1H
X-MS-OLK-FORCEINSPECTOROPEN:TRUE
BEGIN:VEVENT
CLASS:PUBLIC
UID:MEC-a0bc671c2bbe978c889ab37f2c4b72b1@v-20.org
DTSTART:20230622T173000Z
DTEND:20230622T183000Z
DTSTAMP:20230619T203700Z
CREATED:20230619
LAST-MODIFIED:20230621
PRIORITY:5
TRANSP:OPAQUE
SUMMARY:Roundtable 2: Debt and SDR-Channelling: where do we stand and how to go further?
DESCRIPTION:[vc_row mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column][vc_empty_space woodmart_hide_large=”0″ woodmart_hide_medium=”0″ woodmart_hide_small=”0″ woodmart_hide_extra_small=”0″][/vc_column][vc_column mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_sticky_column=”false” parallax_scroll=”no” mobile_reset_margin=”no” tablet_reset_margin=”no”][vc_column_text text_larger=”no”]\n\n1:30 – 2:30 PM CEST\nGrand Auditorium, Palais Brongniart\nSpeakers:\n\nMahamat Idriss DEBY ITNO, President, Chad (V20 member)\nRanil WICKREMESINGHE, President, Sri Lanka (V20 member)\nKaïs SAÏED , President, Tunisia (V20 member)\nEdouard NGIRENTE, Prime Minister, Rwanda (V20 member)\nKristalina GEORGIEVA, Managing Director, International Monetary Fund\nAkinwumi A. ADESINA, President, African Development Bank\n\nModerator: Ms. Nadia CALVIÑO Santamaría, Deputy Prime Minister, Spain\nContext and main issues\nFinancing for development sits at the confluence of climate, environmental and debt issues. In this regard, multilateral efforts need to be intensified to ensure debt sustainability. For low-income and middle-income countries in default, or about to default, progress could be made to coordinate debt restructuring processes, including committing to maturities in within the Common Framework [for the treatment of debt]. It would also be useful to implement climate change resilience tools, including debt suspension clauses in the event of natural disasters.\nIn addition to debt restructuring, and in order to help countries deal with challenges such as development, climate and biodiversity, additional support in the form of concessional funds and loans from the IMF is necessary. To achieve mutual trust, it is essential to honor the commitments already made, in particular the global objective adopted by the G20 to direct 100 billion United States dollars (or equivalent contributions) from countries benefiting from a strong external position towards vulnerable countries. However, this will not be enough and should be complemented by efforts to remedy the lack of grants allocated to the strengthening of concessional financing from the IMF.\n\n[/vc_column_text][/vc_column][/vc_row]\n
URL:https://www.v-20.org/events/roundtable-2
CATEGORIES:New Global Financing Pact,new global financing pact 456
ATTACH;FMTTYPE=image/jpeg:https://www.v-20.org/wp-content/uploads/2023/06/AccraLogo.jpeg
END:VEVENT
END:VCALENDAR