SC Statement to G-24, 14 October 2025
STATEMENT BY DR. CARLOS CORREA, EXECUTIVE DIRECTOR OF THE SOUTH CENTRE, TO THE MINISTERS AND GOVERNORS MEETING OF THE INTERGOVERNMENTAL GROUP OF TWENTY-FOUR (G24)
14 October 2025, Washington, D.C.
Developing countries have been borrowing at rates that are two to four times higher than those for the US and experienced a net resource outflow for the second year in a row. See the South Centre’s statement to the G-24 Ministers and Governors Annual meeting…