3 October – Oslo - DFI Assists FFD Co-Facilitators Retreat to Identify Key Debt Issues
On 3 October, DFI participated in a Co-Facilitators Retreat to prepare the FFD 2025 conference, organised by the Government of Norway for all co-facilitating member states. Matthew Martin of DFI participated as an expert, together with the Paris Club co-chair. in the session on “Debt and Access to Finance”. He presented DFI’s views on the scale of the debt crisis, the immediate debt relief measures the G20 could take under the Brazilian and South African presidencies, and how to ensure that all creditors participate in relief. He also discussed the more normative measures the UN and FFD conference could take or discuss, including adding a protocol to the UN Convention Against Corruption dealing with predatory debt; regulating bond markets; reforming debt sustainability analysis; enhancing accountability of debt policies to national stakeholders; and (for development partners) continuing to provide capacity-building support to countries of the global South.
