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Short-Term Financing, creation of Repo Market crucial to assist Poor Countries facing Escalating Debt, Economic Contraction, Speakers tell Financing for Development Forum

Poor countries are facing severe setbacks on their development paths, encumbered by ballooning debts, high risks of default and limited ability to inject desperately needed liquidity into their markets, economic experts told the Forum on Financing for Development today, as they offered ideas for ensuring a more equitable global recovery from the pandemic during three interactive panels.