December 3, 2024 8:12 PM

Must redesign global financial institutions, restructure debt to achieve SGDs in Global South: Amitabh Kant

India's G20 Sherpa, Amitabh Kant, emphasized the urgent need to redesign global financial institutions and restructure debt to help countries in the Global South achieve the Sustainable Development Goals (SDGs). Speaking at the 29th CII Partnership Summit in New Delhi, Kant highlighted the alarming reality that many nations in the Global South spend more on debt interest payments than on critical sectors like education and healthcare. Addressing the session on "Development Through South-South C...