Online Conference: ECOSOC Forum on Financing for Development – Panel II: Developing durable solutions to recurrent debt crises

The 2021 ECOSOC Forum on Financing for Development takes place virtually from 12-15 April 2021. On Wednesday, 14. April, erlassjahr.de-Co-ordinator Kristina Rehbein is invited as Lead Discussant on the panel “Developing durable solutions to recurrent debt crises”. The session will be live-streamed on UN Web-TV.

Wednesday, 14 April 2021, 4:00-5:30 pm

Panel II: Developing durable solutions to recurrent debt crises

Growing debt levels are hampering implementation of the 2030 Agenda in a growing number of countries across the globe. The pandemic has exacerbated the debt challenges in many developing countries. Debt relief measures in response to the pandemic such as the DSSI by the G20 provided breathing space for eligible countries, but more durable solutions are urgently needed to prevent and resolve debt crises and retain fiscal space for SDG investments. Fiscal challenges also highlight the need to expand concessional finance for the most vulnerable countries. This session will examine both immediate additional steps, as well as longer-term solutions.

Moderator: Mr. Jeremy I. Bulow, Professor, Economics at Stanford Business School

Keynote Address: Ms. Jutta Urpilainen, European Comissioner on International Partnerships

Panelists:

• The Honourable Aiyaz Sayed-Khaiyum, Attorney-General and Minister for Economy, Civil Service and Communications, Fiji [Video Message]
• H.E. Mr. Hammad Azhar, Federal Minister of Finance and Revenue, Pakistan
• H.E. Dr. Bwalya Ng’andu, Minister of Finance, Zambia
• Mr. Jeffrey Sachs, University Professor and Director, Center for Sustainable Development Columbia University

Lead discussant: Ms. Kristina Rehbein, Management and Political Coordination, erlassjahr.de (Jubilee Germany)

Find here the entire program of the Forum.