Borrowers' Platform launch
Developing countries took a major step to rebalance the global financial system on 15 April, launching the first-ever Borrowers’ Platform during the IMF-World Bank Spring Meetings, with UN Trade and Development (UNCTAD) serving as its secretariat. The platform brings together finance ministers and central bank governors from developing countries to strengthen debt management capacity, enhance coordination and amplify their collective voice in global debt discussions. The opening segment featured statements by António Guterres, Secretary-General of the United Nations; Mia Amor Mottley, Prime Minister of Barbados; Ahmed Kouchouck, Minister of Finance of Egypt; and Muhammad Aurangzeb, Federal Minister for Finance and Revenue of Pakistan.