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Debt Rescheduling
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Multiple crises unleash one of the lowest global economic outputs in recent decades, says UN report
25 Jan 2023
Stronger fiscal measures are needed to resuscitate the global economy and support the development agenda.
UNCTAD warns of policy-induced global recession
3 Oct 2022
Projecting global growth slowing to 2.2% in 2023, UNCTAD outlines actions to avert crisis and support developing countries exposed to cascading crises of debt, health and climate due to inadequate financial support.
New UNCTAD website monitors global trade and GDP in real time
4 Jul 2022
The site improves the utility and accessibility of UNCTAD’s nowcasts for the international community.
COVID-19 is a matter of life and debt, global deal needed
23 Apr 2020
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.
UN calls for $2.5 trillion coronavirus crisis package for developing countries
30 Mar 2020
The consequences of a combined health pandemic and a global recession will be catastrophic for many developing countries and halt their progress towards the Sustainable Development Goals.
Prospects for economic growth in 2020 hinge on reducing trade disputes and uncertainty, UN finds
16 Jan 2020
The United Nations’ flagship publication on expected trends in the global economy, the World Economic Situation and Prospects 2020, predicts that one in five countries will see per capita incomes stagnate or decline this year.
United Nations lays down clear principles in tackling sovereign debt
29 Jul 2015
United Nations responds to sovereign debt crises by adopting principles, with UNCTAD support, that could underlie a new legal framework and regulatory mechanisms.
Civil society experts make recommendations for a sovereign debt restructuring framework
6 Mar 2015
United Nations member States and experts from civil society, academia and the legal profession made recommendations on a framework for sovereign debt restructuring to the General Assembly in New York.