Programme de la FFD4

• General debate: Statements by Heads of State or Government, ministers and heads of delegation  

List of Speakers

Co-Chairs: 

• H.E. Mr. Alar Karis, President of the Republic of Estonia 

• H.E. Mr. Julius Maada Bio, President of the Republic of Sierra Leone 

Special address by Head of State and Government: 

• H.E. Daniel Noboa Azin, President of Republic of Ecuador 

Keynote:

• H.E. Mr. Denys Shmyhal, Prime Minister of Ukraine 

Moderator: 

• Mr. Gilbert F. Houngbo, Director-General, ILO

Panelists: 

• H.E. Mr. José Manuel Albares Bueno, Minister for Foreign Affairs, European Union and Cooperation, Spain 

• H.E. Ms. Reem Alabali Radovan, Federal Minister for Economic Cooperation and Development, Germany 

• H.E. Mr. Cheikh Diba, Minister of Finance and Budget, Senegal

• Mr. Nigel Clarke, Deputy Managing Director, IMF 

Discussants: 

• Ms. Nadia Calvino, President, European Investment Bank

• Mr. Yingming Yang, Vice President, Asian Development Bank 

Background 

Domestic public resources are a cornerstone of sustainable development, providing fiscal space for government spending and investment, and generating incentives that shape economic and societal outcomes. Many developing countries still face significant obstacles in mobilizing domestic revenues and effectively utilizing their fiscal systems. These challenges stem from both domestic and international factors. Domestically, insufficient transparency and accountability in fiscal systems, weak alignment of fiscal policies with sustainable development, limited institutional capacity and the underutilization of public institutions (such as development finance institutions) can hamper resource mobilization and effective use. In a globalized and digitalized economy, international tax cooperation is critical to combat tax evasion and avoidance. Yet, international tax cooperation is neither fully inclusive nor effective. And persistent challenges hinder effective combatting of illicit financial flows. 

The Sevilla outcome document addresses these challenges with concrete actions in four areas: i) ensuring that countries have the necessary resources, and that resources are collected efficiently and spent transparently in alignment with sustainable development; ii) strengthening international tax cooperation to ensure that international tax rules respond to the diverse needs, priorities, and capacities of all countries, especially developing countries; iii) effectively combating illicit financial flows; and iv) fully leveraging the potential of national public development banks. 

Guiding Questions 

1. Which actions and commitments related to domestic public resources in the Sevilla outcome do you consider most urgent, and how do you plan to support their implementation? 

2. What changes are needed to strengthen fiscal transparency, align tax and spending policies with sustainable development, enhance institutional capacity and fully leveraging national public development banks in developing countries? 

3. What changes are needed to strengthen international tax cooperation and effectively combat illicit financial flows?

• General debate: Statements by Heads of State or Government, ministers and heads of delegation

List of Speakers

• General debate: Statements by Heads of State or Government, ministers and heads of delegation

List of Speakers

Co-Chairs:

• H.E. Mr. Pedro Sánchez, President of the Government, Spain
• H.E. Mr. Bassirou Diomaye Diakhar Faye, President of Senegal

Special address by Head of State and Government:

• H.E. Mr. Gaston Browne, Prime Minister, Antigua and Barbuda

Keynote:

• Professor Joseph Stiglitz, Nobel Prize Laureate

Moderator:

• Mr. Mahmoud Mohieldin, Special Envoy on Financing the 2030 Agenda for Sustainable Development

Panelists:

• H.E. Mr. Louis Paul Motaze, Minister of Finance, Cameroon
• H.E. Mrs. Mickket Slama Khaldi, Minister of Finance of the Republic of Tunisia
• H.E Ahmed Shide, Minister of Finance, Ethiopia (tbc)
• Mr. Axel van Trotsenburg, Senior Managing Director, World Bank Group

Discussants:

• Mr. Rémy Rioux, AFD CEO and chairman of the Finance in Common Coalition
• Mr. Jay Collins, Vice Chairman, Citigroup 

Background 

Amid successive crises and shocks, sovereign debt challenges have become one of the greatest obstacles to realizing sustainable development. Many developing countries face high debt service burdens and borrowing costs, which severely constrain their fiscal space and ability to address poverty and inequality and invest in sustainable development. Despite progress in reforming the sovereign debt architecture, restructurings are often still inadequate, late and lengthy. A development-oriented debt architecture, based on sound and transparent analysis of sovereign debt sustainability, is urgently needed to address these debt challenges. 

The debt chapter of the Sevilla outcome document outlines four areas of actions to address these challenges: i) actions to strengthen debt management and crises prevention, debt transparency, and responsible borrowing and lending; ii) actions to lower borrowing costs and enhance fiscal space for investment in sustainable development in developing countries; iii) actions to achieve efficient, fair, predictable, coordinated, timely, and orderly restructurings; and iv) actions to promote debt sustainability and credit assessments that are more accurate, objective and long-term oriented. 

Guiding Questions 

1. What are your plans for taking forward the actions in the Sevilla outcome to achieve a development-oriented sovereign debt architecture? 

2. How do you intend to progress in improving debt restructuring processes and outcomes in the near and long term for countries with unsustainable debt burdens? 

3. How will you work towards advancing the Sevilla outcome to prevent future debt crises and provide urgent, timely and effective support to countries when they are faced with liquidity pressures?

• General debate

List of Speakers

• Credentials of representatives to the Conference: report of the Credentials Committee
• Multi-stakeholder round tables: reports by the Co-Chairs Adoption of the outcome document of the Conference
• Adoption of the report of the Conference
• Closure of the Conference