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Borrowers’ Platform
April 20 , 2026
15 hrs 0 min
25
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- Developing countries launched the first-ever Borrowers’ Platform at the IMF-World Bank Spring Meetings 2026.
- The platform aims to improve coordination and give a collective voice to borrowing countries on debt issues.
- It will be supported by the United Nations Conference on Trade and Development (UNCTAD) as its secretariat.
- It provides a forum for finance ministers and central bank governors to share knowledge and solutions.
- Developing countries face high debt, with external debt around 11.7 trillion US dollars and a rising repayment burden.
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