Development
Debt and financial architecture at UNGA 81
Raised by 79 of 223 speakers. Read verbatim UN transcript quotes and select a time to hear the speech.
Speeches that raised debt and financial architecture
Barbados · Day 3Mia Amor MottleyFor the citizens of those countries.
increases in energy and transport costs and in interest rates have spurred inflation.
It means that noone even on the other side of the world, can escape the hardships in meeting their daily needs.
6passages
Ghana · Day 3John Dramani MahamaI stand with respect at this podium to thank every nation that voted for justice.
And I'm deeply grateful to our brothers and sisters in the African Union, the CARICOM, CELAC, and our partners across the global south.
That resolution was not a mere gesture.
5passages
Liberia · Day 3Joseph Nyuma BoakaiSo we call on international partners for targeted support in coast guard surveillance, intelligence sharing, and post security technologies, sustainable development, and reforming the international financial system.
Mr. President, as we enter the home stretch of the 2030 agenda, Developing nations have been squeezed by unsustainable debt, shrinking financial space, and mounting external shocks.
At a core, this is a crisis of international financial system designed for a different era.
4passages
Madagascar · Day 3Michaël RandrianirinaWe must also strengthen coherence between programs implemented by the UN Resident Coordinator offices and national priorities.
UN country teams on the ground must listen carefully and respond effectively to priorities defined by host governments, avoiding one-size-fits-all approaches.
Secondly, we need a more accessible international financial architecture for effective development support.
3passages
Gambia (Republic of The) · Day 3Mohammed JallowTherefore, the task before us is building stronger, better equipped, representative, responsive, and an effective multilateral system and global financial architecture that delivers for all nations and regions.
Mr. President, the Gambia's own experience within this organization gives us grounds for optimism.
We have seen within this very institution that multilateralism can still deliver.
3passages
Somalia · Day 3Hassan Sheikh MohamudWe therefore call for a predictable, sustainable support for Somalia's security transition, including adequate financing for African Union mission in Somalia.
The transition towards full Somali security responsibility must be properly resourced, phased, and firmly anchored in capable Somali institutions.
Following debt relief in Somalia, economy continues to grow on the foundations of strong reforms.
2passages
Comoros · Day 3Azali AssoumaniWe have seen tangible progress, the economic growth, for example, which went from 1.9 in 2019 to 3.8 in 2025.
Yet, there's still a long road ahead of us.
We need to mobilize greater levels of both domestic and external funding so as to attain our goals.
2passages
Greece · Day 3Kyriakos MitsotakisPublic finances are solid and our fiscal performance has become a positive example in Europe.
Our public debt is declining faster than any other OECD country.
Structural reforms and digitalization of the state, which has helped reduce bureaucracy, have transformed the public administration and restored trust among investors.
2passages
Nepal · Day 3Balendra ShahIt destroys clean energy infrastructure that we need to fuel our future.
And it forces a poor country to borrow money to repair damage it did not cause.
But we are not here to blame any country or continent.
2passages
South Africa · Day 3Ronald Ozzy LamolaIf multilateralism works at the regional level, then citizens have greater reasons to believe it can work globally.
Our governments face a difficult choice whether to meet the needs of their citizens or certify the expectations of creditors.
In the last year alone, African countries spent roughly the same amount on servicing debt as it needed to close our infrastructure financing gap.
2passages
Zimbabwe · Day 3Emmerson Dambudzo MnangagwaThis civil commitment must now be implemented through greater affordable, long-term and concessional finance, timely development-oriented debt treatment, and more effective channeling of special drawing rights.
Development cannot flourish when its financing is prohibitively expensive.
Reform must decisively address Africa's excessive risk premiums and the borrowing costs.
1passages
Equatorial Guinea · Day 3Teodoro Nguema Obiang MangueHowever, as we approach its end date, we are far from meeting its goals.
Poverty persists, inequality is expanding, and climate change continues to rage.
It is clear that we need an international financial architecture that facilitates productive investments, that takes into account the real vulnerabilities of developing countries, and supports the efforts of each nation.
1passages
Senegal · Day 3Bassirou Diomaye Diakhar FayeThere needs to be a wholesale reform of international financial architecture.
There needs to be sustainable debt.
There needs to be equitable taxation and better access to concessional financing.
1passages
Côte d’Ivoire · Day 3Tiémoko Meyliet KonéCote d'Ivoire therefore calls for an ambitious reform of the international financial architecture and a renewed global partnership.
to ensure that developing countries have more equitable access to the resources needed to finance infrastructure, health, education, energy, industrial transformation, and the creation of decent jobs for young people.
Climate challenges require a similar degree of mobilization.
1passages
Nigeria · Day 3Kashim ShettimaMr. President, one of the greatest obstacles to sustainable development is inadequate financing.
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.
1passages