United Nations Radio

October 2008
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 13 October 2008
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Urgent multilateral action needed to alleviate impact of financial crisis on UN development agenda: Ban

UN Secretary-General Ban Ki-moon says the United Nations needs to consider urgent multilateral action to alleviate the impact of recent events on the development agenda of the organization, covering the entire gamut of issues from the implementation of the Millennium Development Goals to the food and energy crises, as well as the challenges of climate change.

The Secretary-General says he feels strongly that the Financing for Development Conference next month in Doha provides an important opportunity to review developments and to ensure that the current financial difficulties do not undermine commitments already undertaken to provide more aid and other financial resources for the achievement of the internationally agreed development goals.

The Secretary-General says that to ensure continued stability and protect the economic gains of both developed and developing countries, there's a need to consider deep and systematic reforms based on an inclusive multilateralism for a global financial system that can better meet the challenges of the 21st century.

This is Donn Bobb reporting for United Nations Radio.

(duration: 55")