News

The Ministry of Finance of Indonesia last year requested UNCTAD to provide support in strengthening the country's capacities in debt management against a backdrop of rising central government debt levels -- increasing from USD 120 billion at the beginning of the decade to USD 170 billion at the end of 2009 -- although the debt ratios are still within conventional sustainable limits.

South-South trade has grown dramatically in the past decade. It claims about a quarter of the value of world trade, says UNCTAD´s new South-South Trade Monitor.

UNCTAD organized a consultation last week with the Head of the Islamic Trade and Finance Corporation (ITFC) and representatives of the League of Arab States to discuss a new programme to boost trade and reduce unemployment in the Arab region.​