Washington D.C., USA (HRNW) – On April 15, 2026, on the sidelines of the IMF-World Bank meetings, developing countries launched a new “Borrowers’ Platform” to amplify their voice in debt negotiations. UN Secretary-General António Guterres hailed the initiative as a “breakthrough in global financing,” comparable to the Paris Club. UN analysis warns that the ongoing Middle East conflict and rising oil prices could push an additional 30 million people into poverty, making collective action on the $11.7 trillion global debt burden more critical than ever.
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