Debt Management and Financial Analysis System (DMFAS)

Global public debt has doubled since 2010, reaching a historic $97 trillion in 2023. More than 40% of the world’s population live in countries that spend more on debt interest payments than on education or health.

UNCTAD and its partners help equip the African nation with the tools and knowledge to better manage its public debt and enhance transparency.

Palestinian professionals and policymakers equipped to use UNCTAD’s updated model for economic policy planning.

Amid cascading crises and inequalities, developing countries face major challenges with a complex creditor base as borrowing burdens increase and risks of debt distress grow.

A new technical assistance project will modernize the Palestinian debt management system and train officials.

Renewed partnership will help governments in the region produce and publish reliable, comprehensive and timely debt information.

A new UNCTAD project will help the African nation upgrade its debt management system and improve its capacity to record, monitor and report on public finances.

New funding will boost efforts to help developing countries better manage soaring debt levels and the resulting economic vulnerability, particularly in the aftermath of the coronavirus pandemic.

The coronavirus pandemic hits developing countries at a time when they have already been struggling with unsustainable debt burdens for many years, as well as with rising health needs. UNCTAD calls for $1 trillion in debt relief.

Concerted and urgent multilateral action is needed to release developing countries from current debt traps.