U.N. launches expert group's report with 11 recommendations to tackle developing‑country debt crisis

Deputy Secretary‑General Amina Mohammed launched a report from the U.N. secretary‑general's expert group on debt, Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing, at a U.N. briefing that brought together experts and U.N. system agencies to outline steps to relieve mounting debt pressures on developing countries.

The report lays out 11 recommendations intended to provide immediate relief for countries facing high debt‑service costs and to create structural changes that expand access to long‑term, affordable financing. "The crisis doesn't impact the lives or economies of those in advanced economies," Mohammed said, describing the problem as a "silent crisis" that often goes unacknowledged by global policymakers.

The expert group, co‑chaired and led in presentation by Special Envoy Mahmoud Mohieldin, proposed measures grouped around debt relief and prevention. Recommendations cited by panelists include repurposing and replenishing resources at multilateral development banks and the IMF to inject liquidity,…