سلسلة السياسات التمويلية من IATF

Public debt distress has three distinct underlying causes which should be evaluated and addressed differently. Similarly, traditional bilateral, non-traditional bilateral and commercial creditors have shared but differentiated responsibilities in sovereign debt restructuring. Proper resolution of sovereign debt distress should ideally be guided by these two principles/realities, while continuing with pragmatic second-best approaches. Debtor countries should also hold their side of the bargain by ensuring accountable and productive use of borrowed funds and effective public debt management.

Making Finance work for People and Planet - Strengthening Country Financing Systems through Integrated National Financing Frameworks

Better Data on Trade in Services for Effective FFD Strategies

This brief offers a global overview of health spending and highlights the critical role of health expenditure data in shaping policies to achieve the SDG health targets. It calls on countries and global partners to strengthen health expenditure tracking via health accounts to improve policymaking, enhance transparency, and promote accountability.

The global finance landscape remains fragmented, insufficient, and not fit-for-purpose, limiting access for developing countries most in need. Urgent reforms are required to simplify access, scale up concessional finance, and mobilize private sector capital through blended finance mechanisms. Strengthening country ownership and improving transparency across financial flows are key priorities. The Fourth Conference on Financing for Development (FFD4) should advocate for these reforms to close the sustainable development finance gap and accelerate progress toward global goals, especially for vulnerable and low-income countries. FFD4 must be the running point that transforms global financing landscape into a truly inclusive, scalable, impactable, fit-for-purpose and sustainable engine for achieving the SDGs, Post-2015 development Agenda, and Paris Agreement goals by 2030.

Keeping Global Financing Promises: Advancing Development, Human Rights, and International Cooperation

Demographic change is one of the most powerful yet largely neglected factors shaping financing for sustainable development. It not only has implications for the expenditure side of public and private budgets, but also for the revenue side, and thus on budgets and debt. This brief makes the case for systematic consideration of demographic change and other megatrends in planning and budget processes of countries.

This policy brief explores the challenges of trade fragmentation and inequality in the global economy, focusing on the impact on low- and middle-income countries. It outlines policy solutions to reduce trade costs, invest in infrastructure, promote economic diversification, and strengthen global trade governance. Specific recommendations for the Fourth Conference on Financing for Development (FFD4) include financing for trade infrastructure, bridging the digital divide, improving access to finance, and reducing trade barriers to foster inclusive and sustainable development.

This policy brief emphasizes the need for financing inclusive structural transformation to foster economic growth, create decent jobs, and ensure sustainable development. Developing countries face challenges due to limited financial resources, premature deindustrialization, and a shift towards low-productivity sectors. The brief recommends strengthening national public development banks, forming public-private alliances, and adopting tailored macroeconomic frameworks. These efforts, combined with social partner involvement and multilateral cooperation, are crucial to overcoming financing barriers and supporting long-term, inclusive development.

The policy brief emphasizes the need for a long-term perspective and a stable investment environment for CETM projects, highlighting the importance of clear government regulations. It advocates expanding the capital base in developing countries through innovative financing mechanisms and lowering borrowing costs via international cooperation. The policy brief also underscores the importance of a holistic approach to financing, promoting value addition and diversification throughout the CETM value chain.

Corruption is a cross-cutting issue, impacting all aspects of the financing for development agenda. Neglecting to adequately address corruption could jeopardize the entire process. By including and investing in proven anti-corruption measures and strengthening international cooperation in the recovery of proceeds of corruption, we can ensure that financial resources are effectively mobilized and safeguarded for development. Corruption is a cross-cutting issue, impacting all aspects of the financing for development agenda. Neglecting to adequately address corruption could jeopardize the entire process. By including and investing in proven anti-corruption measures and strengthening international cooperation in the recovery of proceeds of corruption, we can ensure that financial resources are effectively mobilized and safeguarded for development.

This brief focuses on the importance of strengthening the coherence and consistency of the international development system with respect to financing sustainable development and climate ambitions. It highlights the fragmented approaches to financing currently prevalent and underscores the need to integrate international commitments regarding sustainable development and climate ambitions with national investment planning and financing processes. A similar integrated approach is called for at the global level as well.

This joint Brief by IMF, OECD and WBG emphasizes the critical role of Domestic Revenue Mobilization (DRM) in addressing the financing gap for the Sustainable Development Goals (SDGs) in low-income countries. It highlights the need for comprehensive tax reforms, enhanced compliance, and international cooperation to increase tax revenues. The brief advocates for utilizing the upcoming FFD4 conference to strengthen tax capacity and align policies with sustainable development objectives.

Multilateral Credit: Filling in the Financial Gap?

This brief highlights the importance of financing social protection to achieve multiple SDGs and realized the right to social protection. It outlines key solutions for financing social protection systems, emphasizing the need to prioritize social protection spending within government budgets and better coordinate and increase international financial support. It provides actionable recommendations, including enhanced spending, progressive and effective taxation, and global financial mechanisms to address persistent coverage gaps and ensure adequate social protection for all.