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…