"FINANCING"

Briefing by Stephane Dujarric, Spokesperson for the Secretary-General.

"Unless we act now, we could face years of depressed and disrupted economic growth,” UN Secretary-General Antonio Guterres warned today launching a series of roundtable discussions in a bid to build a multilateral response and recovery plan to the unprecedented global development emergency caused by COVID-19 pandemic. UNIFEED

Briefing by Stephane Dujarric, Spokesperson for the Secretary-General.

Easing monetary and financial conditions have supported markets and investors, but a rise in leverage and debt is a risk to stability, the IMF’s Financial Counselor Tobias Adrian said. IMF

The IMF continues to move at a record speed in trying to support and help its member countries deal with the COVID-19 crisis. The Spokesperson Gerry Rice told reporters during the bi-weekly virtual press briefing Thursday in Washington, D.C. IMF

COVID-19 pandemic compounding grave security, development challenges in Central Africa, Special Representative tells Security Council, pointing to 22,000 confirmed cases.

The Head of the United Nations Regional Office for Central Africa (UNOCA) François Louncény Fall said the persistence of armed conflicts in some parts of region is undermining efforts to respond to challenges posed by COVID-19. UNIFEED

Mr. Mahmoud Mohieldin, Special Envoy on Financing 2030 Agenda for Sustainable Development, and Ms. Leila Fourie, CEO of the Johannesburg Stock Exchange and Co-chair of the Secretary-General’s Global Investors for Sustainable Development Alliance (GISD), hold a press conference on the GSID meeting entitled “COVID-19: Response and Recovery”.

The Special Envoy on Financing for the 2030 Agenda for Sustainable Development, Mahmoud Mohieldin, said “there is a serious risk that we will not achieve the Sustainable Development Goals on time” because of the effects of the COVID-19 pandemic. UNIFEED

Addressing Security Council 1591 Committee, Sudan’s representative urges lifting sanctions, cites concerns over COVID-19’s impact on displaced population.