2024-06-12 17:10:00
Dakar, June 12 (APS) – The Secretary Normal of the United Nations, Antonio Guterres, emphasised, on Wednesday, the necessity to work in the direction of a brand new worldwide structure of finance, taxation and digital expertise to advertise commerce that ensures stability promotion. in a multipolar world.
“It’s changing into clear that there’s a new structure of worldwide finance, taxation and digital governance. A brand new imaginative and prescient that ought to promote South-South commerce and assure stability in a multi-polar world,” he declared.
Talking on the celebration in Geneva (Switzerland) of the sixtieth anniversary of the United Nations Company for Commerce and Improvement, Antonio Guterres as soon as once more thought of that the worldwide monetary structure was outdated, dysfunctional and unfair.
In feedback reported by Onu Data, the United Nations information web site, he argued that new and lengthy conflicts have affected the worldwide economic system.
“International debt has elevated and key growth indicators have declined, together with poverty and starvation,” the UN chief mentioned, itemizing the challenges that stand in the best way of a extra sustainable international economic system and extra complete.
He didn’t recall that the eradication of poverty has all the time been the primary goal of sustainable growth.
Citing information from the Worldwide Financial Fund (IMF), Guterres warned that elevated restrictions on worldwide commerce might scale back international financial output by greater than $7 trillion in the long run, or 3 times the annual output of sub-Saharan Africa.
The present international financial system has failed to supply a security web for indebted growing nations, the United Nations Secretary-Normal has mentioned as he laments the pressures which have pushed the worldwide buying and selling system to fragmentation .
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