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120 sentences in 61 speeches for debt
Download CSVKenya · William Samoei Ruto · Day 2 · 10 sentences
- Global public debt reached a record $102 trillion in 2024.
- Developing countries accounted for less than a third of that debt, yet paid about a trillion dollars in interest on debt in that year alone.
- Put it differently, 46 developing countries now spend more on interest on debt than on classrooms and medicine.
- The classroom competes with debt service.
Antigua and Barbuda · Walton Alfonso Webson · Day 6 · 8 sentences
- That is where climate debt meets historic debt.
- The Fourth International Conference on Financing for Development, which was held in Seville, Spain, placed debt and development finance close to the center of the international agenda.
- We cannot fulfill the promise of a bus when carrying unsustainable debts Nor can we build resilience when the cost of capital itself penalizes vulnerability.
- For too long, the international financial architecture has asked vulnerable countries how much debt can they carry.
Ghana · John Dramani Mahama · Day 3 · 5 sentences
- It requires dismantling the persistent engines of exploitation, unfair global trade, predatory resource extraction, discriminatory credit ratings, unsustainable debt burdens of the global south, and the continued export of raw materials from Africa while real value addition and job creation occur elsewhere.
- African and Caribbean nations struck by climate disasters are forced to take on crippling debts to rebuild from floods and droughts that they did not cause.
- governments are forced into a tragic choice to service predatory debt or to serve their people.
- Mitigation support must be operationalized with predictable, non-debt-creating grants, not loans that further embed fragile economies.
South Africa · Ronald Ozzy Lamola · Day 3 · 5 sentences
- In the last year alone, African countries spent roughly the same amount on servicing debt as it needed to close our infrastructure financing gap.
- This grim reality inspired South Africa's G20 presidency to focus on debt sustainability.
- It supports multilateralist efforts to establish a borrower's club to counterbalance the power of creditors and calls for greater debt transparency and greater scrutiny of credit rating agencies.
- To us, Mr. President, unsustainable debt betrays the promise of development and destroys the prospects for democracy.
Malawi · George Chapatula Chaponda · Day 6 · 5 sentences
- In addition, we cannot achieve sustainable development while drowning in debt.
- Malawi, therefore, calls for immediate comprehensive debt relief and restructuring.
- The current international financial architecture forces developing nations to choose between servicing predatory debts and investing in health, education, and climate resilience.
- Major historical and current emitters must honor their climate finance commitments by providing accessible, predictable, grant-based and highly concessionable financing, rather than relying on debt-creating instruments that further burden vulnerable countries already struggling to cope with the consequences of a crisis they did little to cause.
Belize · John Briceño · Day 5 · 4 sentences
- These pressures unfold alongside armed conflict, disrupted supply chains, declining official development assistance, and rising debt.
- Public debt has been brought down to 66.6% of GDP and for the first time in a generation, it is on a path of sustainable development.
- Beliefs have shown that debt can be reduced.
- The multidimensional vulnerability index must become a working instrument across the international financial system in eligibility for concessional finance, in debt sustainability analysis, and in the decisions of the institutions that allocate capital.
Angola · João Manuel Gonçalves Lourenço · Day 1 · 3 sentences
- However, in order to achieve concrete results in these areas, It is essential to ensure affordable financing, debt relief, technology transfer, capacity building, and a greater participation of international financial institutions.
- African countries spend far more resources on the exorbitant cost of debt servicing than they are able to invest in health, education, infrastructure development programs.
- This situation clearly illustrates the need to establish predictable, affordable and additional climate financing without further aggravating the debt of developing countries.
Dominica · Sylvanie Burton · Day 1 · 3 sentences
- We then mobilize resources to rebuild what was lost, often through borrowing that substantially increases debt to rebuild what we could have made more resilient from the outset.
- We call for stronger disaster clauses in sovereign debt instruments.
- Conflict, climate change, Debt distress, inflation, and persistent inequality have pushed the goals further out of reach for many developing countries.
Mozambique · Daniel Francisco Chapo · Day 2 · 3 sentences
- It also requires a fair international financial architecture, more fair, sustainable debt relief, greater transfer of technology, international trade that is more balanced, and investments that can transform the potential into prosperity.
- Your Excellencies, with less than four years remaining for the achievement of the 2030 Agenda, developing countries continue to face high financing costs, rising debt, and limited access to resources to invest in their own development.
- We continue to advocate for a fair international architecture, more predictable and accessible financing, and sustainable solutions for the debt.
Madagascar · Michaël Randrianirina · Day 3 · 3 sentences
- The United Nations should therefore take into account the multidimensional vulnerability index so that access to concessional financing reflex climate shocks and external debt burdens.
- It would also be wise to support durable debt relief.
- This means advocating a for faster, more predictable and more inclusive sovereign debt restructuring mechanism.
Gambia (Republic of The) · Mohammed Jallow · Day 3 · 3 sentences
- Respect for the United Nations Charter and international law is under visible strain, with developing countries facing intensifying debt burden, climate vulnerabilities, huge gaps between commitments made and implementation, and feeling of marginalization and inadequate representation in the global system.
- Developing countries need greater access to affordable, long-term finance, meaningful reform of the multilateral development system, sustainable solutions to debt, stronger international tax cooperation, and decisive action against illicit financial flows.
- LDCs continue to face structural constraints, including limited productive capacity, high debt burdens, climate vulnerability, narrow export base, technological gaps, and restricted access to affordable finance.
Egypt · Moustafa Kamal Madbouly · Day 4 · 3 sentences
- Developing countries are required to accelerate development, create jobs, finance green transitions, and adapt to crises, while simultaneously facing growing debt burdens, higher financing costs, and a shrinking fiscal space.
- We need expanded concessional financing, greater mobilization and lending capacities for multilateral development banks, and accelerated debt workout in a fair and effective manner.
- Countries should not be forced to choose between debt servicing and financing education, healthcare, food security, and essential infrastructure.
Samoa · Mulipola Anarosa Ale Molioo · Day 4 · 3 sentences
- On debt, we need to build a sustainable, equitable, and fair debt regime, starting with a robust mechanism for debt restructuring.
- Debt forgiveness must be linked to measurable progress on resilience building.
- Samoa supports the incorporation of states contingent clauses in debt instruments, allowing for suspension during crisis.
Secretary-General of the United Nations · António Guterres · Day 1 · 2 sentences
Palau · Surangel Whipps · Day 2 · 2 sentences
- We need financing that reaches communities without adding debt, adaptation finance that is accessible to countries already bearing the cost of the problems they did not create, and full support of the loss and damage and the special circumstances of SIDS.
- Those who contributed the least to this climate crisis yet confront the worst threats of rising sea levels must not be burdened with debt simply to purchase a life jacket for their survival.
Botswana · Duma Gideon Boko · Day 2 · 2 sentences
Liberia · Joseph Nyuma Boakai · Day 3 · 2 sentences
Nigeria · Kashim Shettima · Day 3 · 2 sentences
- Many developing countries devote substantial resources to debt servicing at the expense of education, healthcare, and infrastructure.
- Nigeria, therefore, calls for reform of the international financial architecture, wider access to concessional financing, and debt sustainability frameworks that recognize developmental needs.
Barbados · Mia Amor Mottley · Day 3 · 2 sentences
Maldives · Hussain Mohamed Latheef · Day 4 · 2 sentences
Saint Lucia · Philip J. Pierre · Day 4 · 2 sentences
Guinea-Bissau · Ilídio Vieira Té · Day 4 · 2 sentences
- We live in an interdependent world marked by growing uncertainty and by challenges that transcend borders, climate change, transnational organized crime, terrorism, structural inequalities, the burden of debt, and insufficient financing for development continue to undermine our efforts towards sustainable development.
- Enormous gaps persist in financing for development and climate action, alongside high levels of poverty and social inequality, and a growing and unsustainable debt burden on the economies of developing countries.
Saint Vincent and the Grenadines · Godwin Friday · Day 4 · 2 sentences
Jamaica · Kamina Johnson Smith · Day 5 · 2 sentences
- Our debt, which once stood at more than 140% of GDP, was brought down to 62% before Melissa, with unemployment then at a historic low of 3.4%.
- Developing countries cannot reasonably be expected to simultaneously finance climate adaptation, modernize infrastructure, strengthen social protection, manage debt, absorb external shocks, and achieve the Sustainable Development Goals without an international financial system responsive to their realities.
Sri Lanka · Vijitha Herath · Day 6 · 2 sentences
Congo · Constant Serge Bounda · Day 6 · 2 sentences
- The ambitions of our development at the Republic of the Congo and many other African countries are impeded by the burden of debt, inequalities in the international financial system, and the consequences of climate change.
- The Republic of the Congo, therefore, calls for an ambitious international action on the issue of developing country debt, including through debt relief and, where appropriate, debt cancellation measures to free resources for SDG-related investments.
President of the General Assembly (closing) · Dr. Khalilur Rahman · Day 6 · 2 sentences
- Those speaking most urgently about development were often the countries facing the heaviest debt burdens, the narrowest fiscal space, the greatest climate vulnerability, and the least voice in the institutions that shape the global economy.
- Debt was spoken of more forcefully by those who bear it, not by those with the greatest ability to resolve it.
President of the General Assembly (opening) · Dr. Khalilur Rahman · Day 1 · 1 sentence
Brazil · Luiz Inácio Lula Da Silva · Day 1 · 1 sentence
Chile · José Antonio Kast · Day 1 · 1 sentence
Sierra Leone · Julius Maada Bio · Day 1 · 1 sentence
Seychelles · Mathew Antonio Patrick Herminie · Day 1 · 1 sentence
Viet Nam · To Lam · Day 1 · 1 sentence
United Republic of Tanzania · Deogratius Ndejembi · Day 1 · 1 sentence
Croatia · Andrej Plenković · Day 1 · 1 sentence
Burundi · Évariste Ndayishimiye · Day 2 · 1 sentence
Central African Republic · Faustin Archange Touadera · Day 2 · 1 sentence
Namibia · Netumbo Nandi-Ndaitwah · Day 2 · 1 sentence
Eswatini · King Mswati III · Day 2 · 1 sentence
Uganda · Jessica Rose Epel Alupo · Day 2 · 1 sentence
Spain · Pedro Sánchez Pérez-Castejón · Day 2 · 1 sentence
Democratic Republic of the Congo · Judith Suminwa Tuluka · Day 2 · 1 sentence
Zimbabwe · Emmerson Dambudzo Mnangagwa · Day 3 · 1 sentence
Somalia · Hassan Sheikh Mohamud · Day 3 · 1 sentence
Portugal · Luís Montenegro · Day 3 · 1 sentence
Senegal · Bassirou Diomaye Diakhar Faye · Day 3 · 1 sentence
Greece · Kyriakos Mitsotakis · Day 3 · 1 sentence
Lebanon · Nawaf Salam · Day 4 · 1 sentence
Pakistan · Muhammad Shehbaz Sharif · Day 4 · 1 sentence
Haiti · Alix Didier Fils-Aimé · Day 4 · 1 sentence
Azerbaijan · Jeyhun Aziz oglu Bayramov · Day 4 · 1 sentence
Philippines · Ma. Theresa Lazaro · Day 5 · 1 sentence
Tunisia · Mohamed Ali Nafti · Day 5 · 1 sentence
Djibouti · Abdoulkader Houssein Omar · Day 5 · 1 sentence
Gabon · Marie-Édith Tassyla-Ye-Doumbeneny · Day 5 · 1 sentence
Zambia · Mulambo Hamakuni Haimbe · Day 5 · 1 sentence
Burkina Faso · Karamoko Jean Marie Traoré · Day 6 · 1 sentence
Sudan · Mohieldin Salim Ahmed Ibrahim · Day 6 · 1 sentence
New Zealand · Victoria Louise Hallum · Day 6 · 1 sentence
South Sudan · Cecilia Adout Majok Adeng · Day 6 · 1 sentence
Benin · Marc Hermanne Gninadoou Araba · Day 6 · 1 sentence