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Home Asia Pacific

Enhancing Financing for Development in Asia-Pacific: A Call for Innovative Solutions – Economy News

NEWSROOM by NEWSROOM
April 4, 2024
in Asia Pacific, Finance
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Governments across Asia-Pacific are grappling with the urgent need for affordable and sustainable financing to balance debt obligations and essential investments in education, healthcare, and social welfare. A recent report from the United Nations underscores the necessity for new perspectives and strategies to address this pressing challenge.

The report advocates for a shift in priorities among donors, urging them to prioritize the development needs of recipient nations over political agendas. It emphasizes the crucial role of multilateral development banks in bolstering lending…



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