MACHINE NAME = WEB 2

Developing countries launch first-ever Borrowers' Platform


Media Alert
For use of information media - Not an official record
UNCTAD/PRESS/MA/2026/004

Geneva, Switzerland, 9 April 2026

 

WhenWednesday, 15 April 2026 
Press conference: 2.00pm – 3:00pm (EDT)
WhereUnited Nations Foundation  
1750 Pennsylvania Avenue NW, Suite 300, Washington, D.C.
Who

Ministers of Finance and Central Bank Governors from eligible developing countries:

  • H.E. Mr. Ahmed Kouchouck, Minister of Finance, Egypt
  • H.E. Mr. Muhammad Aurangzeb, Federal Minister for Finance and Revenue, Pakistan

During the week of the IMF–World Bank Spring Meetings, the Ministers of Finance and Central Bank Governors of developing countries will launch the Borrowers’ Platform to improve their debt management capacity. The initiative is Member State-led, with UN Trade and Development (UNCTAD) serving as the secretariat.

The Borrowers’ Platform was agreed by Member States at the Fourth International Conference on Financing for Development (July 2025) under the Sevilla Commitment.

It addresses a gap in the international financial system, where developing countries remain underrepresented while creditor coordination has expanded.

The Platform will:

  • Strengthen South–South cooperation and knowledge-sharing
  • Provide technical and advisory support to borrowing countries
  • Improve representation in global financial and debt discussions
  • Enhance debt transparency and public debt management
  • Support sustainable financing and development outcomes
  • Send a positive market signal by strengthening debt-sustainability practices and improving data

The launch comes amid rising debt pressures across developing countries.

MEDIA ACCESS

Full media access will be granted for the press conference at 2:00 pm. Participation is subject to prior registration, either in person or online via a Zoom link, which will be shared on the morning of the press conference (upon confirmation of registration).

Due to limited space, media outlets are requested to send one representative in person only.

MEDIA CONTACTS

Mr. Marcelo Risi 
Senior Officer, Editorial Policy & Media Strategy 
M: +41 76 691 18 74 | [email protected]

Mr. Abiy Solomon 
External Relations Officer 
M: +41 78 344 05 35 | [email protected]

Ms. Faith Williams 
UN Foundation 
M: +1 202-891-9350 [email protected]