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Norway to audit debt on basis of UNCTAD principles
23 Aug 2012
The Minister of International Development of Norway, H.E. Mr. Heikki Holmås, announced last Friday that Norway would carry out an audit of developing countries’ debts to Norway, and a review of the loans that Norway has made, on the basis of the Principles on Promoting Responsible Sovereign Lending and Borrowing consolidated by UNCTAD.
UNCTAD S-G at UN General Assembly debate on state of world economy and finance
18 May 2012
Delivering a keynote address at the round table on "Reducing debt vulnerability, managing inflation/deflation," UNCTAD Secretary-General Supachai Panitchpakdi called for attention to be given to deflationary pressures, a systemic approach to debt vulnerability, adequate regulatory system for banks, and regulatory oversight of credit rating agencies.