{"disclaimer":"Transcripts available through this tool are created by using automatic speech recognition and are not official records nor official documents of the United Nations. Official records and official documents are available on the Official Document System of the United Nations.","url":"https://transcripts.un.org/fr/asset/k1w/k1wdu1dgsx?lang=en","llms":{"note":"Plain-text sibling of this page, compact for LLM context. For the full API guide (search, listing, URL grammar) see /llms.txt.","textUrl":"/fr/asset/k1w/k1wdu1dgsx.txt","guide":"/llms.txt"},"video":{"id":"k1w/k1wdu1dgsx","kaltura_id":"1_wdu1dgsx","title":"(1st meeting) 2026 ECOSOC Forum on Financing for Development Follow-Up (FfD Forum)","clean_title":"(1st meeting) 2026 ECOSOC Forum on Financing for Development Follow-Up (FfD Forum)","url":"https://webtv.un.org/en/asset/k1w/k1wdu1dgsx","date":"2026-04-20T00:00:00.000Z","scheduled_time":"2026-04-20T14:00:00.000Z","status":"finished","duration":"02:15:55","category":"Economic and Social Council","body":"Economic and Social Council","event_code":null,"event_type":null,"session_number":null,"pv_symbol":null,"pv_part":null,"slug":"asset/k1w/k1wdu1dgsx"},"metadata":{"summary":"The 2026 ECOSOC Forum on Financing for Development Follow-Up (FfD Forum) – a key mechanism of the Financing for Development process, will be held on 20-24 April 2026. ","description":"Opening of the Forum\nPresentation of the 2026 Financing for Sustainable Development Report by Ms. Amina Mohammed, Deputy Secretary-General of the United Nations\n2026 in-depth review: Global financing framework (Ministerial session)\nThe Global Economic Outlook for 2026-2027: Trends and implications for financing for sustainable development\nThe Forum this year assumes added importance and a critical role in mobilizing momentum and concrete solutions from the 4th International Conference on Financing for Development (FFD4) held in Sevilla in June 2025.\nThe 2026 Forum will feature in-depth reviews of four action areas - on Domestic and International Private Business and Finance, International Trade as an Engine for Development, International Financial Architecture and Systemic Issues, and Data, Monitoring and Follow-up, as well as Special focus on Debt and Debt Sustainability, International Development Cooperation and Development Effectiveness, and Domestic Public Resources.\nThe FfD Forum will also be accompanied by the SDG Investment Fair, Special High-level Meetings and the Fin4Dev Dialogues.","categories":["Meetings & Events","Economic and Social Council","ECOSOC Forums"],"geographic_subject":[],"subject_topical":["FINANCING","DEVELOPMENT","SUSTAINABLE DEVELOPMENT"],"corporate_name":["INTERNATIONAL CONFERENCE ON FINANCING FOR DEVELOPMENT - FFD"],"speaker_affiliation":[],"related_documents":[{"title":"FfD Forum Website","url":"https://financing.desa.un.org/what-we-do/ECOSOC/financing-development-forum/FFD-forum-home"}]},"transcript":{"transcript_id":"azure-llm-speech-35eebdc2-c22e-46c7-b6a1-68df0a2a69be","language":"en","data":[{"statement_number":1,"start":0.59,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=1","paragraphs":[{"sentences":[{"text":"Excellencies, distinguished delegates, I declare open the 2026 sessions of the Economic and Social Council Forum on Financing for Development follow-up.","start":0.59,"end":12.15,"topics":[],"words":[{"text":"Excellencies,","start":0.59,"end":1.55},{"text":"distinguished","start":1.79,"end":2.35},{"text":"delegates,","start":2.35,"end":2.99},{"text":"I","start":3.31,"end":3.47},{"text":"declare","start":3.47,"end":3.95},{"text":"open","start":3.95,"end":4.35},{"text":"the","start":4.35,"end":4.59},{"text":"2026","start":5.15,"end":6.31},{"text":"sessions","start":6.31,"end":6.75},{"text":"of","start":6.75,"end":6.91},{"text":"the","start":6.91,"end":7.03},{"text":"Economic","start":7.03,"end":7.47},{"text":"and","start":7.47,"end":7.63},{"text":"Social","start":7.63,"end":8.03},{"text":"Council","start":8.03,"end":8.67},{"text":"Forum","start":8.67,"end":9.15},{"text":"on","start":9.79,"end":10.11},{"text":"Financing","start":10.11,"end":10.79},{"text":"for","start":10.79,"end":10.91},{"text":"Development","start":10.91,"end":11.59},{"text":"follow-up.","start":11.59,"end":12.15}]},{"text":"I call to order the first meeting.","start":13.23,"end":16.83,"topics":[],"words":[{"text":"I","start":13.23,"end":13.47},{"text":"call","start":13.79,"end":14.27},{"text":"to","start":14.27,"end":14.51},{"text":"order","start":14.59,"end":15.15},{"text":"the","start":15.47,"end":15.67},{"text":"first","start":15.67,"end":16.35},{"text":"meeting.","start":16.43,"end":16.83}]},{"text":"Mr. Secretary General, President of the General Assembly, honorable ministers, excellencies, distinguished participants.","start":21.15,"end":30.27,"topics":[],"words":[{"text":"Mr.","start":21.15,"end":21.47},{"text":"Secretary","start":21.47,"end":21.91},{"text":"General,","start":21.91,"end":22.43},{"text":"President","start":22.67,"end":23.35},{"text":"of","start":23.35,"end":23.47},{"text":"the","start":23.47,"end":23.63},{"text":"General","start":23.63,"end":23.95},{"text":"Assembly,","start":23.95,"end":24.67},{"text":"honorable","start":25.31,"end":25.79},{"text":"ministers,","start":25.79,"end":26.83},{"text":"excellencies,","start":26.99,"end":28.19},{"text":"distinguished","start":28.59,"end":29.23},{"text":"participants.","start":29.23,"end":30.27}]},{"text":"It is my distinct pleasure to welcome you to the first ECOSOC Financing for Development Forum since the adoption of the landmark Sobia commitment last summer.","start":30.91,"end":44.43,"topics":[],"words":[{"text":"It","start":30.91,"end":31.15},{"text":"is","start":31.15,"end":31.31},{"text":"my","start":31.31,"end":31.47},{"text":"distinct","start":31.47,"end":32.11},{"text":"pleasure","start":32.11,"end":32.75},{"text":"to","start":33.83,"end":33.91},{"text":"welcome","start":33.91,"end":34.51},{"text":"you","start":34.51,"end":34.71},{"text":"to","start":34.71,"end":34.83},{"text":"the","start":35.31,"end":35.55},{"text":"first","start":35.55,"end":35.95},{"text":"ECOSOC","start":36.03,"end":36.51},{"text":"Financing","start":36.51,"end":37.07},{"text":"for","start":37.07,"end":37.23},{"text":"Development","start":37.23,"end":37.83},{"text":"Forum","start":37.83,"end":38.27},{"text":"since","start":38.99,"end":39.47},{"text":"the","start":39.47,"end":39.59},{"text":"adoption","start":39.59,"end":40.11},{"text":"of","start":40.43,"end":40.63},{"text":"the","start":40.63,"end":40.75},{"text":"landmark","start":40.75,"end":41.47},{"text":"Sobia","start":41.95,"end":42.51},{"text":"commitment","start":42.51,"end":43.31},{"text":"last","start":43.55,"end":44.07},{"text":"summer.","start":44.07,"end":44.43}]},{"text":"We are meeting at a very difficult moment.","start":45.31,"end":48.35,"topics":[],"words":[{"text":"We","start":45.31,"end":45.63},{"text":"are","start":45.63,"end":45.79},{"text":"meeting","start":45.79,"end":46.19},{"text":"at","start":46.19,"end":46.43},{"text":"a","start":46.43,"end":46.47},{"text":"very","start":46.47,"end":46.83},{"text":"difficult","start":46.83,"end":47.63},{"text":"moment.","start":47.63,"end":48.35}]},{"text":"The war in the Middle East is delivering a major shock to an already fragile global economy.","start":49.31,"end":56.99,"topics":[],"words":[{"text":"The","start":49.31,"end":49.47},{"text":"war","start":49.47,"end":50.03},{"text":"in","start":50.35,"end":50.55},{"text":"the","start":50.55,"end":50.67},{"text":"Middle","start":50.67,"end":50.99},{"text":"East","start":50.99,"end":51.31},{"text":"is","start":51.31,"end":51.55},{"text":"delivering","start":51.55,"end":52.43},{"text":"a","start":52.59,"end":52.63},{"text":"major","start":52.63,"end":53.47},{"text":"shock","start":53.51,"end":53.95},{"text":"to","start":54.51,"end":54.63},{"text":"an","start":54.63,"end":54.75},{"text":"already","start":54.75,"end":55.31},{"text":"fragile","start":55.31,"end":55.95},{"text":"global","start":55.95,"end":56.31},{"text":"economy.","start":56.31,"end":56.99}]},{"text":"Financing conditions are deteriorating at the same time that donors are slashing their ODA budgets.","start":58.47,"end":67.67,"topics":[],"words":[{"text":"Financing","start":58.47,"end":59.11},{"text":"conditions","start":59.11,"end":59.67},{"text":"are","start":59.67,"end":59.83},{"text":"deteriorating","start":59.83,"end":60.87},{"text":"at","start":61.99,"end":62.15},{"text":"the","start":62.15,"end":62.31},{"text":"same","start":62.31,"end":62.71},{"text":"time","start":62.71,"end":63.11},{"text":"that","start":63.11,"end":63.39},{"text":"donors","start":63.39,"end":64.15},{"text":"are","start":64.23,"end":64.63},{"text":"slashing","start":64.63,"end":65.51},{"text":"their","start":65.83,"end":66.23},{"text":"ODA","start":66.23,"end":66.71},{"text":"budgets.","start":66.71,"end":67.67}]},{"text":"This moment of crisis for development financing only further underlines the need to implement the SBI commitment in full and in a timely manner.","start":68.71,"end":81.11,"topics":[],"words":[{"text":"This","start":68.71,"end":69.03},{"text":"moment","start":69.03,"end":69.51},{"text":"of","start":69.51,"end":69.67},{"text":"crisis","start":69.67,"end":70.23},{"text":"for","start":70.23,"end":70.47},{"text":"development","start":70.47,"end":71.11},{"text":"financing","start":71.11,"end":71.91},{"text":"only","start":72.39,"end":72.71},{"text":"further","start":72.71,"end":73.23},{"text":"underlines","start":73.23,"end":73.91},{"text":"the","start":73.91,"end":74.03},{"text":"need","start":74.03,"end":74.47},{"text":"to","start":74.47,"end":74.59},{"text":"implement","start":74.63,"end":75.47},{"text":"the","start":75.67,"end":75.87},{"text":"SBI","start":75.87,"end":76.31},{"text":"commitment","start":76.31,"end":77.03},{"text":"in","start":77.59,"end":77.91},{"text":"full","start":77.91,"end":78.39},{"text":"and","start":79.51,"end":79.83},{"text":"in","start":79.99,"end":80.19},{"text":"a","start":80.19,"end":80.23},{"text":"timely","start":80.23,"end":80.71},{"text":"manner.","start":80.71,"end":81.11}]},{"text":"When the SBI commitment was agreed last year, we were already faced with significant economic and geopolitical challenges that left many countries significantly off track in their efforts to achieve sustainable 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this very difficult global context, Sub-Saharan Africa declared a landmark agreement geared to advance reforms and actions to close the trillion dollar financing gap and to catalyze sustainable development investment at 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Serbia, we also recognize that a strong commitment to multilateralism, international cooperation and global solidarity is the only way to unlock the needed resources to advance sustainable development across the 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we must mobilize the political will to implement and to fulfill its promise.","start":140.87,"end":148.43,"topics":[],"words":[{"text":"Today,","start":140.87,"end":141.35},{"text":"we","start":142.03,"end":142.11},{"text":"must","start":142.11,"end":142.43},{"text":"mobilize","start":142.43,"end":142.99},{"text":"the","start":142.99,"end":143.15},{"text":"political","start":143.15,"end":143.79},{"text":"will","start":143.79,"end":144.35},{"text":"to","start":144.51,"end":144.67},{"text":"implement","start":144.67,"end":145.71},{"text":"and","start":145.79,"end":146.07},{"text":"to","start":146.07,"end":146.27},{"text":"fulfill","start":146.27,"end":146.91},{"text":"its","start":147.47,"end":147.79},{"text":"promise.","start":147.79,"end":148.43}]},{"text":"Excellencies, my country Nepal had the distinct honor of being one of four countries engaged as co-facilitators of the negotiations of the Saviya 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me when I say from the first hand experience of Nepal that reaching this ambitious outcome was by no means an easy 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year on from SBI global challenges continue to cloud the outlook for the achievement of sustainable development, particularly for the most vulnerable 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conflicts and trade tensions threaten to derail an already fragile global economy and countries' efforts to mobilize resources for sustainable 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addition, rapid technological advances in technologies such as artificial intelligence as well as accelerating climate change are undermining established model of 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distinguished delegates, we are tasked this week to take stock of early efforts in implementing the SBI commitment and to assess the challenges countries have been facing in doing 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in 2026 financing for sustainable development report of the interagency task force suggests that countries efforts have been severely hampered by persistent global challenges that have hit the most vulnerable countries particularly hard.","start":262.51,"end":283.63,"topics":[],"words":[{"text":"Analysis","start":262.51,"end":263.31},{"text":"in","start":263.31,"end":263.71},{"text":"2026","start":263.71,"end":264.75},{"text":"financing","start":264.75,"end":265.23},{"text":"for","start":265.23,"end":265.55},{"text":"sustainable","start":265.79,"end":266.31},{"text":"development","start":266.31,"end":266.91},{"text":"report","start":266.91,"end":267.47},{"text":"of","start":267.95,"end":268.19},{"text":"the","start":268.19,"end":268.35},{"text":"interagency","start":268.43,"end":269.71},{"text":"task","start":269.71,"end":270.15},{"text":"force","start":270.15,"end":270.59},{"text":"suggests","start":271.23,"end":271.95},{"text":"that","start":271.95,"end":272.35},{"text":"countries","start":272.35,"end":272.99},{"text":"efforts","start":272.99,"end":273.55},{"text":"have","start":273.95,"end":274.31},{"text":"been","start":274.31,"end":274.59},{"text":"severely","start":274.59,"end":275.31},{"text":"hampered","start":275.31,"end":275.95},{"text":"by","start":276.75,"end":276.83},{"text":"persistent","start":276.83,"end":277.59},{"text":"global","start":277.59,"end":277.95},{"text":"challenges","start":277.99,"end":278.67},{"text":"that","start":278.91,"end":279.31},{"text":"have","start":279.31,"end":279.55},{"text":"hit","start":279.55,"end":279.95},{"text":"the","start":279.95,"end":280.11},{"text":"most","start":280.11,"end":280.63},{"text":"vulnerable","start":280.63,"end":281.15},{"text":"countries","start":281.15,"end":281.71},{"text":"particularly","start":282.35,"end":283.15},{"text":"hard.","start":283.15,"end":283.63}]},{"text":"For many countries, particularly LDCs, LLDCs and SEEDS, high borrowing costs, unsustainable debt burdens, falling ODA and weak tax revenues have created a perfect storm that has significantly weakened their ability to invest in sustainable 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this challenging context, redoubling our efforts to implement the Sabia commitment is becoming more important than ever 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from the Sabia commitment that I believe can help us overcome these 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financing at both national and global levels.","start":334.59,"end":339.23,"topics":[],"words":[{"text":"to","start":334.59,"end":334.63},{"text":"financing","start":334.63,"end":335.63},{"text":"at","start":335.87,"end":336.11},{"text":"both","start":336.11,"end":336.35},{"text":"national","start":336.35,"end":337.07},{"text":"and","start":337.23,"end":337.47},{"text":"global","start":337.47,"end":338.35},{"text":"levels.","start":338.75,"end":339.23}]},{"text":"First, scaling of financing from all sources and aligning them with sustainable 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sectors.","start":347.87,"end":356.99,"topics":[],"words":[{"text":"This","start":347.87,"end":348.15},{"text":"entails","start":348.15,"end":348.91},{"text":"actions","start":349.07,"end":349.63},{"text":"at","start":349.63,"end":349.83},{"text":"domestic","start":349.83,"end":350.39},{"text":"and","start":350.39,"end":350.59},{"text":"international","start":350.59,"end":351.35},{"text":"levels","start":351.35,"end":351.87},{"text":"and","start":352.91,"end":353.43},{"text":"from","start":353.63,"end":353.87},{"text":"both","start":353.87,"end":354.11},{"text":"the","start":354.11,"end":354.27},{"text":"public","start":354.27,"end":354.83},{"text":"and","start":355.31,"end":355.51},{"text":"private","start":355.51,"end":356.19},{"text":"sectors.","start":356.27,"end":356.99}]},{"text":"At the national level, the SEBI commitment underlines the need to scale up support for domestic resource mobilizations and tax systems, as well as strengthen enabling environment for domestic private sectors, including unlocking resources for small and medium-sized enterprises.","start":357.87,"end":380.43,"topics":[],"words":[{"text":"At","start":357.87,"end":358.03},{"text":"the","start":358.03,"end":358.11},{"text":"national","start":358.11,"end":358.55},{"text":"level,","start":358.55,"end":358.99},{"text":"the","start":359.63,"end":359.79},{"text":"SEBI","start":359.79,"end":360.19},{"text":"commitment","start":360.19,"end":360.83},{"text":"underlines","start":360.83,"end":361.55},{"text":"the","start":361.55,"end":361.63},{"text":"need","start":361.63,"end":362.19},{"text":"to","start":363.11,"end":363.15},{"text":"scale","start":363.15,"end":363.55},{"text":"up","start":363.55,"end":363.71},{"text":"support","start":363.71,"end":364.19},{"text":"for","start":364.19,"end":364.35},{"text":"domestic","start":364.35,"end":364.87},{"text":"resource","start":364.87,"end":365.23},{"text":"mobilizations","start":365.23,"end":366.27},{"text":"and","start":366.67,"end":366.87},{"text":"tax","start":366.87,"end":367.27},{"text":"systems,","start":367.27,"end":367.95},{"text":"as","start":368.31,"end":368.51},{"text":"well","start":368.51,"end":368.67},{"text":"as","start":368.67,"end":368.83},{"text":"strengthen","start":368.83,"end":369.71},{"text":"enabling","start":370.19,"end":371.15},{"text":"environment","start":371.31,"end":372.27},{"text":"for","start":372.67,"end":373.15},{"text":"domestic","start":373.39,"end":373.87},{"text":"private","start":373.87,"end":374.31},{"text":"sectors,","start":374.31,"end":374.99},{"text":"including","start":375.39,"end":376.19},{"text":"unlocking","start":376.51,"end":376.99},{"text":"resources","start":376.99,"end":377.63},{"text":"for","start":377.63,"end":377.87},{"text":"small","start":377.87,"end":378.35},{"text":"and","start":378.35,"end":378.59},{"text":"medium-sized","start":378.59,"end":379.43},{"text":"enterprises.","start":379.47,"end":380.43}]},{"text":"It also calls for more closely aligning public and private investment with sustainable development objectives.","start":380.91,"end":389.07,"topics":[],"words":[{"text":"It","start":380.91,"end":381.07},{"text":"also","start":381.07,"end":381.47},{"text":"calls","start":381.47,"end":381.87},{"text":"for","start":381.87,"end":382.27},{"text":"more","start":382.51,"end":382.75},{"text":"closely","start":382.75,"end":383.23},{"text":"aligning","start":383.23,"end":383.71},{"text":"public","start":383.71,"end":384.27},{"text":"and","start":384.27,"end":384.47},{"text":"private","start":384.47,"end":384.91},{"text":"investment","start":384.91,"end":385.63},{"text":"with","start":386.27,"end":386.51},{"text":"sustainable","start":386.51,"end":387.23},{"text":"development","start":387.23,"end":388.03},{"text":"objectives.","start":388.19,"end":389.07}]},{"text":"At the global level, We need to accelerate progress into international tax corporations and the fight against illicit financing flows, reverse declining trends in ODA and redouble our efforts to bring down borrowing costs and debt service burdens of developing 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reforming the international financial architecture.","start":413.95,"end":417.71,"topics":[],"words":[{"text":"Second,","start":413.95,"end":414.51},{"text":"reforming","start":414.83,"end":415.39},{"text":"the","start":415.39,"end":415.51},{"text":"international","start":415.51,"end":416.11},{"text":"financial","start":416.11,"end":416.83},{"text":"architecture.","start":416.83,"end":417.71}]},{"text":"So, we are calls for greater efforts to strengthen coverage and responsiveness of the global financial safety net to the growing frequency and intensity of the global crisis that pose a particular threat to the development progress of vulnerable 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also need to advance long overdue reform to improve the governance of the international financial institutions.","start":439.55,"end":447.23,"topics":[],"words":[{"text":"We","start":439.55,"end":439.71},{"text":"also","start":439.71,"end":439.99},{"text":"need","start":439.99,"end":440.23},{"text":"to","start":440.23,"end":440.39},{"text":"advance","start":440.39,"end":440.83},{"text":"long","start":440.83,"end":441.19},{"text":"overdue","start":441.19,"end":441.55},{"text":"reform","start":441.55,"end":442.27},{"text":"to","start":442.51,"end":442.63},{"text":"improve","start":442.63,"end":443.31},{"text":"the","start":443.31,"end":443.39},{"text":"governance","start":443.39,"end":444.19},{"text":"of","start":444.51,"end":444.67},{"text":"the","start":444.67,"end":444.79},{"text":"international","start":444.79,"end":445.39},{"text":"financial","start":445.39,"end":446.11},{"text":"institutions.","start":446.19,"end":447.23}]},{"text":"to better align them with economic realities and to strengthen the voice of the developing countries in global decision-making.","start":448.27,"end":458.27,"topics":[],"words":[{"text":"to","start":448.27,"end":448.31},{"text":"better","start":448.31,"end":448.87},{"text":"align","start":448.87,"end":449.31},{"text":"them","start":449.31,"end":449.63},{"text":"with","start":449.63,"end":449.87},{"text":"economic","start":449.87,"end":450.31},{"text":"realities","start":450.31,"end":451.15},{"text":"and","start":452.11,"end":452.31},{"text":"to","start":452.31,"end":452.47},{"text":"strengthen","start":452.47,"end":453.15},{"text":"the","start":453.15,"end":453.31},{"text":"voice","start":453.31,"end":453.87},{"text":"of","start":453.87,"end":454.03},{"text":"the","start":454.03,"end":454.19},{"text":"developing","start":454.19,"end":454.67},{"text":"countries","start":454.67,"end":455.31},{"text":"in","start":455.95,"end":456.19},{"text":"global","start":456.19,"end":456.91},{"text":"decision-making.","start":457.39,"end":458.27}]},{"text":"Third, strengthening multilateralism and international cooperation.","start":458.75,"end":463.95,"topics":[],"words":[{"text":"Third,","start":458.75,"end":459.23},{"text":"strengthening","start":460.11,"end":460.75},{"text":"multilateralism","start":460.75,"end":461.87},{"text":"and","start":462.27,"end":462.43},{"text":"international","start":462.43,"end":463.19},{"text":"cooperation.","start":463.19,"end":463.95}]},{"text":"Countries' ability to achieve sustainable development depend on a predictable and rule-based multilateral 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financing for development forums provides an ideal platform for us all to assess our common progress, share the lessons we have learned from the earliest experience of the implementations, and to deepen collaborations in areas where more support is most urgently 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commitment to this endeavor will be a testament to the very spirit of SEVIA, the spirit of multilateral cooperation and the global 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thank you.","start":596.19,"end":596.83,"topics":[],"words":[{"text":"I","start":596.19,"end":596.35},{"text":"thank","start":596.43,"end":596.75},{"text":"you.","start":596.75,"end":596.83}]},{"text":"I now invite the Secretary-General of the United Nations, His Excellency Antonio Guterres, to address the 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moment of choice.","start":632.83,"end":635.39,"topics":[],"words":[{"text":"Seville","start":632.83,"end":633.31},{"text":"was","start":633.47,"end":633.79},{"text":"a","start":633.79,"end":633.83},{"text":"moment","start":633.83,"end":634.35},{"text":"of","start":634.47,"end":634.59},{"text":"choice.","start":634.59,"end":635.39}]},{"text":"At a time when multilateralism is under multiple threats, Member States made a choice to stand together, to overcome geopolitical divisions and chart a common course, and to keep their promises to developing countries which are starved of investment and drowning in debt.","start":636.11,"end":656.19,"topics":[{"key":"debt-architecture","label":"Debt Sustainability and Relief","description":"A major theme was the rising debt burden on developing countries and the need for a more development-oriented debt system. 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it needs now is action, full stop.","start":1274.43,"end":1277.39,"topics":[],"words":[{"text":"What","start":1274.43,"end":1274.63},{"text":"it","start":1274.63,"end":1274.75},{"text":"needs","start":1274.75,"end":1274.99},{"text":"now","start":1274.99,"end":1275.23},{"text":"is","start":1275.23,"end":1275.63},{"text":"action,","start":1275.63,"end":1276.35},{"text":"full","start":1276.83,"end":1277.07},{"text":"stop.","start":1277.07,"end":1277.39}]},{"text":"We need to deliver on the promises already made, not come up with new ones, not renegotiate texts and not raise hopes only to disappoint, because this also goes to the credibility of this institution in shaky 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there are more and more solutions being put forward to make our promises a reality.","start":1292.83,"end":1297.55,"topics":[],"words":[{"text":"Thankfully,","start":1292.83,"end":1293.39},{"text":"there","start":1293.39,"end":1293.59},{"text":"are","start":1293.59,"end":1293.67},{"text":"more","start":1293.67,"end":1293.91},{"text":"and","start":1293.91,"end":1294.03},{"text":"more","start":1294.03,"end":1294.23},{"text":"solutions","start":1294.23,"end":1294.67},{"text":"being","start":1294.67,"end":1294.91},{"text":"put","start":1294.91,"end":1295.11},{"text":"forward","start":1295.11,"end":1295.55},{"text":"to","start":1295.55,"end":1295.67},{"text":"make","start":1295.67,"end":1295.91},{"text":"our","start":1295.91,"end":1295.99},{"text":"promises","start":1295.99,"end":1296.71},{"text":"a","start":1296.71,"end":1296.75},{"text":"reality.","start":1296.75,"end":1297.55}]},{"text":"Consider the Boros platform launched just last 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of these initiatives has immense potential.","start":1352.11,"end":1354.83,"topics":[],"words":[{"text":"Each","start":1352.11,"end":1352.43},{"text":"of","start":1352.43,"end":1352.51},{"text":"these","start":1352.51,"end":1352.79},{"text":"initiatives","start":1352.79,"end":1353.39},{"text":"has","start":1353.39,"end":1353.67},{"text":"immense","start":1353.67,"end":1354.03},{"text":"potential.","start":1354.03,"end":1354.83}]},{"text":"but only if they are implemented, only if we bring them to 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secretariat.","start":1372.71,"end":1378.23,"topics":[],"words":[{"text":"And","start":1372.71,"end":1372.95},{"text":"those","start":1372.95,"end":1373.27},{"text":"of","start":1373.31,"end":1373.43},{"text":"you","start":1373.43,"end":1373.67},{"text":"who","start":1373.67,"end":1373.83},{"text":"have","start":1373.83,"end":1373.95},{"text":"forgotten","start":1373.95,"end":1374.27},{"text":"about","start":1374.27,"end":1374.51},{"text":"them,","start":1374.51,"end":1374.87},{"text":"thank","start":1375.03,"end":1375.27},{"text":"you","start":1375.27,"end":1375.39},{"text":"for","start":1375.43,"end":1375.59},{"text":"the","start":1375.59,"end":1375.71},{"text":"book","start":1375.75,"end":1376.11},{"text":"here","start":1376.11,"end":1376.39},{"text":"from","start":1376.39,"end":1376.67},{"text":"the","start":1376.71,"end":1376.83},{"text":"secretariat.","start":1377.27,"end":1378.23}]},{"text":"We can recall them to all of 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us work in that spirit.","start":1423.07,"end":1425.07,"topics":[],"words":[{"text":"Let","start":1423.07,"end":1423.31},{"text":"us","start":1423.31,"end":1423.47},{"text":"work","start":1423.47,"end":1423.79},{"text":"in","start":1423.79,"end":1423.95},{"text":"that","start":1423.95,"end":1424.35},{"text":"spirit.","start":1424.35,"end":1425.07}]},{"text":"I thank you.","start":1425.15,"end":1425.75,"topics":[],"words":[{"text":"I","start":1425.15,"end":1425.31},{"text":"thank","start":1425.31,"end":1425.63},{"text":"you.","start":1425.63,"end":1425.75}]}]}],"speaker":{"name":"Annalena Baerbock","affiliation":"GA","affiliation_full":"GA","group":null,"function":"PGA"}},{"statement_number":5,"start":1430.15,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=1431","paragraphs":[{"sentences":[{"text":"I thank the President of the General Assembly, Excellencies, distinguished delegates, the Secretary-General and the President of the General 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will have to leave at the time due to other pressing commitments.","start":1440.63,"end":1446.63,"topics":[],"words":[{"text":"We","start":1440.63,"end":1440.87},{"text":"will","start":1441.35,"end":1441.75},{"text":"have","start":1441.75,"end":1442.03},{"text":"to","start":1442.03,"end":1442.23},{"text":"leave","start":1442.23,"end":1442.71},{"text":"at","start":1442.79,"end":1442.95},{"text":"the","start":1442.95,"end":1443.07},{"text":"time","start":1443.07,"end":1443.67},{"text":"due","start":1444.31,"end":1444.55},{"text":"to","start":1444.55,"end":1444.75},{"text":"other","start":1444.75,"end":1445.19},{"text":"pressing","start":1445.35,"end":1445.83},{"text":"commitments.","start":1445.83,"end":1446.63}]},{"text":"I thank them for joining us this morning.","start":1446.63,"end":1449.91,"topics":[],"words":[{"text":"I","start":1446.63,"end":1446.79},{"text":"thank","start":1446.79,"end":1447.15},{"text":"them","start":1447.15,"end":1447.51},{"text":"for","start":1447.99,"end":1448.23},{"text":"joining","start":1448.23,"end":1448.71},{"text":"us","start":1448.71,"end":1449.11},{"text":"this","start":1449.11,"end":1449.43},{"text":"morning.","start":1449.43,"end":1449.91}]},{"text":"I pause the meeting briefly to allow them to depart the 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you, ladies and gentlemen.","start":1803.59,"end":1805.51,"topics":[],"words":[{"text":"Thank","start":1803.59,"end":1803.79},{"text":"you,","start":1803.79,"end":1804.07},{"text":"ladies","start":1804.31,"end":1804.83},{"text":"and","start":1804.83,"end":1804.99},{"text":"gentlemen.","start":1804.99,"end":1805.51}]}]}],"speaker":{"name":"Nigel Clarke","affiliation":"IMF","affiliation_full":"IMF","group":null,"function":"Deputy Managing Director"}},{"statement_number":7,"start":1808.55,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=1809","paragraphs":[{"sentences":[{"text":"I thank the Deputy Managing Director of the International Monetary Fund.","start":1808.55,"end":1813.67,"topics":[],"words":[{"text":"I","start":1808.55,"end":1808.71},{"text":"thank","start":1808.71,"end":1809.15},{"text":"the","start":1809.15,"end":1809.27},{"text":"Deputy","start":1809.27,"end":1809.71},{"text":"Managing","start":1809.71,"end":1810.55},{"text":"Director","start":1810.55,"end":1811.23},{"text":"of","start":1811.23,"end":1811.43},{"text":"the","start":1811.43,"end":1811.51},{"text":"International","start":1811.51,"end":1812.47},{"text":"Monetary","start":1812.55,"end":1813.19},{"text":"Fund.","start":1813.19,"end":1813.67}]},{"text":"I now invite the Managing Director and Chief Knowledge Officer of the World Bank Group, Mr. Pascal Donohue, to address the forums on a virtual platform.","start":1814.79,"end":1825.19,"topics":[],"words":[{"text":"I","start":1814.79,"end":1814.87},{"text":"now","start":1814.87,"end":1815.19},{"text":"invite","start":1815.19,"end":1815.67},{"text":"the","start":1815.67,"end":1815.75},{"text":"Managing","start":1815.75,"end":1816.11},{"text":"Director","start":1816.11,"end":1816.87},{"text":"and","start":1816.87,"end":1817.11},{"text":"Chief","start":1817.11,"end":1817.43},{"text":"Knowledge","start":1817.43,"end":1817.83},{"text":"Officer","start":1817.83,"end":1818.27},{"text":"of","start":1818.27,"end":1818.47},{"text":"the","start":1818.47,"end":1818.55},{"text":"World","start":1818.55,"end":1818.87},{"text":"Bank","start":1818.87,"end":1819.11},{"text":"Group,","start":1819.11,"end":1819.43},{"text":"Mr.","start":1819.75,"end":1820.15},{"text":"Pascal","start":1820.15,"end":1820.79},{"text":"Donohue,","start":1821.35,"end":1822.07},{"text":"to","start":1822.31,"end":1822.51},{"text":"address","start":1822.51,"end":1822.87},{"text":"the","start":1822.87,"end":1822.95},{"text":"forums","start":1822.95,"end":1823.59},{"text":"on","start":1823.75,"end":1823.99},{"text":"a","start":1823.99,"end":1824.03},{"text":"virtual","start":1824.03,"end":1824.55},{"text":"platform.","start":1824.55,"end":1825.19}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC","affiliation_full":"ECOSOC","group":null,"function":"President of ECOSOC"}},{"statement_number":8,"start":1854.11,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=1855","paragraphs":[{"sentences":[{"text":"Materially worsened, intensifying challenges, especially for low-income countries.","start":1854.11,"end":1861.71,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."},{"key":"social-investment","label":"Social Spending and SDG Financing","description":"Participants linked financing for development directly to people-centered investment in health, education, social protection, jobs, and essential infrastructure. They warned that debt service, aid cuts, and crisis responses are crowding out spending needed to close the SDG financing gap."}],"words":[{"text":"Materially","start":1854.11,"end":1854.83},{"text":"worsened,","start":1854.83,"end":1855.43},{"text":"intensifying","start":1856.51,"end":1857.47},{"text":"challenges,","start":1857.47,"end":1858.43},{"text":"especially","start":1858.75,"end":1859.55},{"text":"for","start":1859.55,"end":1860.11},{"text":"low-income","start":1860.11,"end":1860.91},{"text":"countries.","start":1860.91,"end":1861.71}]},{"text":"We are now seeing slower growth and higher inflation across Asia, with pressures now spreading into Africa.","start":1863.15,"end":1871.79,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"We","start":1863.15,"end":1863.31},{"text":"are","start":1863.31,"end":1863.39},{"text":"now","start":1863.39,"end":1863.71},{"text":"seeing","start":1863.71,"end":1864.19},{"text":"slower","start":1864.19,"end":1864.67},{"text":"growth","start":1864.67,"end":1865.23},{"text":"and","start":1865.75,"end":1865.91},{"text":"higher","start":1865.91,"end":1866.27},{"text":"inflation","start":1866.27,"end":1866.99},{"text":"across","start":1866.99,"end":1867.47},{"text":"Asia,","start":1867.47,"end":1868.03},{"text":"with","start":1868.75,"end":1868.99},{"text":"pressures","start":1868.99,"end":1869.79},{"text":"now","start":1869.87,"end":1870.19},{"text":"spreading","start":1870.19,"end":1870.83},{"text":"into","start":1870.83,"end":1871.23},{"text":"Africa.","start":1871.23,"end":1871.79}]},{"text":"Our estimates suggest that developing countries could see growth slow by 0.4 to 1.4 percentage points in 2026.","start":1873.23,"end":1885.15,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"Our","start":1873.23,"end":1873.47},{"text":"estimates","start":1873.47,"end":1874.23},{"text":"suggest","start":1874.23,"end":1874.91},{"text":"that","start":1875.39,"end":1875.59},{"text":"developing","start":1875.59,"end":1876.27},{"text":"countries","start":1876.27,"end":1876.99},{"text":"could","start":1876.99,"end":1877.27},{"text":"see","start":1877.27,"end":1877.55},{"text":"growth","start":1877.55,"end":1877.95},{"text":"slow","start":1878.03,"end":1878.83},{"text":"by","start":1879.39,"end":1879.63},{"text":"0.4","start":1879.71,"end":1880.75},{"text":"to","start":1881.23,"end":1881.27},{"text":"1.4","start":1881.27,"end":1882.43},{"text":"percentage","start":1882.43,"end":1883.07},{"text":"points","start":1883.07,"end":1883.55},{"text":"in","start":1883.87,"end":1884.27},{"text":"2026.","start":1884.27,"end":1885.15}]},{"text":"And inflation is expected to increase in the same countries by between 1.9 and 3.7 percentage points relative to where we were before.","start":1886.51,"end":1899.87,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"And","start":1886.51,"end":1886.67},{"text":"inflation","start":1886.67,"end":1887.39},{"text":"is","start":1887.39,"end":1887.59},{"text":"expected","start":1887.59,"end":1888.31},{"text":"to","start":1888.31,"end":1888.63},{"text":"increase","start":1888.63,"end":1889.39},{"text":"in","start":1889.71,"end":1889.87},{"text":"the","start":1889.87,"end":1889.99},{"text":"same","start":1889.99,"end":1890.35},{"text":"countries","start":1890.35,"end":1891.15},{"text":"by","start":1891.63,"end":1891.79},{"text":"between","start":1891.79,"end":1892.51},{"text":"1.9","start":1892.51,"end":1893.79},{"text":"and","start":1893.95,"end":1894.15},{"text":"3.7","start":1894.15,"end":1895.31},{"text":"percentage","start":1895.63,"end":1896.27},{"text":"points","start":1896.27,"end":1896.83},{"text":"relative","start":1897.23,"end":1897.87},{"text":"to","start":1898.03,"end":1898.19},{"text":"where","start":1898.19,"end":1898.51},{"text":"we","start":1898.51,"end":1898.67},{"text":"were","start":1898.67,"end":1899.07},{"text":"before.","start":1899.31,"end":1899.87}]},{"text":"Beyond oil and gas, we expect fertilizer prices to rise and broader shortages as well.","start":1901.71,"end":1909.79,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"Beyond","start":1901.71,"end":1902.27},{"text":"oil","start":1902.27,"end":1902.59},{"text":"and","start":1902.59,"end":1902.75},{"text":"gas,","start":1902.75,"end":1903.31},{"text":"we","start":1903.79,"end":1904.03},{"text":"expect","start":1904.03,"end":1904.59},{"text":"fertilizer","start":1904.59,"end":1905.47},{"text":"prices","start":1905.47,"end":1906.35},{"text":"to","start":1906.59,"end":1906.71},{"text":"rise","start":1906.71,"end":1907.39},{"text":"and","start":1908.07,"end":1908.23},{"text":"broader","start":1908.23,"end":1908.59},{"text":"shortages","start":1908.59,"end":1909.47},{"text":"as","start":1909.51,"end":1909.63},{"text":"well.","start":1909.63,"end":1909.79}]},{"text":"including sulfur, helium, and chemicals.","start":1910.83,"end":1913.95,"topics":[],"words":[{"text":"including","start":1910.83,"end":1911.39},{"text":"sulfur,","start":1911.39,"end":1912.03},{"text":"helium,","start":1912.19,"end":1912.83},{"text":"and","start":1912.99,"end":1913.19},{"text":"chemicals.","start":1913.19,"end":1913.95}]},{"text":"Food price pressures could push an additional 16 million people into food insecurity, primarily in sub-Saharan Africa, and up to 15 million jobs could be at risk overall.","start":1915.15,"end":1930.99,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."},{"key":"social-investment","label":"Social Spending and SDG Financing","description":"Participants linked financing for development directly to people-centered investment in health, education, social protection, jobs, and essential infrastructure. They warned that debt service, aid cuts, and crisis responses are crowding out spending needed to close the SDG financing gap."}],"words":[{"text":"Food","start":1915.15,"end":1915.63},{"text":"price","start":1915.63,"end":1916.19},{"text":"pressures","start":1916.19,"end":1916.99},{"text":"could","start":1917.39,"end":1917.55},{"text":"push","start":1917.55,"end":1918.03},{"text":"an","start":1918.07,"end":1918.27},{"text":"additional","start":1918.27,"end":1918.99},{"text":"16","start":1919.23,"end":1920.11},{"text":"million","start":1920.19,"end":1920.83},{"text":"people","start":1920.99,"end":1921.47},{"text":"into","start":1922.27,"end":1922.51},{"text":"food","start":1922.51,"end":1922.91},{"text":"insecurity,","start":1922.91,"end":1923.87},{"text":"primarily","start":1923.87,"end":1924.55},{"text":"in","start":1924.55,"end":1924.67},{"text":"sub-Saharan","start":1924.67,"end":1925.47},{"text":"Africa,","start":1925.47,"end":1925.95},{"text":"and","start":1926.63,"end":1926.83},{"text":"up","start":1926.91,"end":1927.07},{"text":"to","start":1927.07,"end":1927.27},{"text":"15","start":1927.31,"end":1928.03},{"text":"million","start":1928.03,"end":1928.59},{"text":"jobs","start":1928.59,"end":1929.31},{"text":"could","start":1929.39,"end":1929.63},{"text":"be","start":1929.63,"end":1929.75},{"text":"at","start":1929.75,"end":1929.83},{"text":"risk","start":1929.83,"end":1930.27},{"text":"overall.","start":1930.35,"end":1930.99}]},{"text":"We are closely monitoring development impacts, and we are also coordinating with our partners to maximize responses to the economic effects.","start":1932.67,"end":1944.47,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"We","start":1932.67,"end":1932.83},{"text":"are","start":1932.83,"end":1932.91},{"text":"closely","start":1932.91,"end":1933.55},{"text":"monitoring","start":1933.55,"end":1934.19},{"text":"development","start":1934.19,"end":1934.75},{"text":"impacts,","start":1934.75,"end":1935.47},{"text":"and","start":1936.15,"end":1936.35},{"text":"we","start":1936.35,"end":1936.59},{"text":"are","start":1936.59,"end":1936.71},{"text":"also","start":1936.71,"end":1937.23},{"text":"coordinating","start":1937.23,"end":1938.35},{"text":"with","start":1938.35,"end":1938.63},{"text":"our","start":1938.63,"end":1938.91},{"text":"partners","start":1938.91,"end":1939.71},{"text":"to","start":1940.27,"end":1940.31},{"text":"maximize","start":1940.31,"end":1941.31},{"text":"responses","start":1941.31,"end":1942.23},{"text":"to","start":1942.63,"end":1942.75},{"text":"the","start":1942.79,"end":1942.91},{"text":"economic","start":1942.95,"end":1943.83},{"text":"effects.","start":1943.87,"end":1944.47}]},{"text":"One immediate tool our clients can access is through the World Bank Group's Crisis Preparedness and Response Toolkit System.","start":1946.23,"end":1956.79,"topics":[],"words":[{"text":"One","start":1946.23,"end":1946.75},{"text":"immediate","start":1946.75,"end":1947.39},{"text":"tool","start":1947.39,"end":1947.83},{"text":"our","start":1947.83,"end":1947.99},{"text":"clients","start":1947.99,"end":1948.55},{"text":"can","start":1948.55,"end":1948.79},{"text":"access","start":1948.79,"end":1949.59},{"text":"is","start":1950.07,"end":1950.27},{"text":"through","start":1950.27,"end":1950.71},{"text":"the","start":1950.71,"end":1950.79},{"text":"World","start":1950.79,"end":1951.19},{"text":"Bank","start":1951.19,"end":1951.51},{"text":"Group's","start":1951.51,"end":1952.07},{"text":"Crisis","start":1952.39,"end":1953.19},{"text":"Preparedness","start":1953.27,"end":1954.23},{"text":"and","start":1954.55,"end":1954.71},{"text":"Response","start":1954.71,"end":1955.43},{"text":"Toolkit","start":1955.59,"end":1956.23},{"text":"System.","start":1956.23,"end":1956.79}]},{"text":"Through this, funding can be diverted from projects to become available within 24 hours to help countries, their government, their people, to deal with the current crisis at their discretion.","start":1957.99,"end":1971.55,"topics":[],"words":[{"text":"Through","start":1957.99,"end":1958.23},{"text":"this,","start":1958.23,"end":1958.71},{"text":"funding","start":1959.11,"end":1959.59},{"text":"can","start":1959.59,"end":1959.75},{"text":"be","start":1959.75,"end":1959.91},{"text":"diverted","start":1959.91,"end":1960.63},{"text":"from","start":1960.63,"end":1960.87},{"text":"projects","start":1960.87,"end":1961.67},{"text":"to","start":1962.07,"end":1962.15},{"text":"become","start":1962.15,"end":1962.47},{"text":"available","start":1962.47,"end":1963.11},{"text":"within","start":1963.11,"end":1963.51},{"text":"24","start":1963.51,"end":1964.23},{"text":"hours","start":1964.23,"end":1964.79},{"text":"to","start":1965.43,"end":1965.55},{"text":"help","start":1965.55,"end":1965.91},{"text":"countries,","start":1965.91,"end":1966.59},{"text":"their","start":1966.59,"end":1966.79},{"text":"government,","start":1966.79,"end":1967.23},{"text":"their","start":1967.23,"end":1967.35},{"text":"people,","start":1967.35,"end":1967.91},{"text":"to","start":1968.39,"end":1968.43},{"text":"deal","start":1968.47,"end":1968.91},{"text":"with","start":1968.91,"end":1969.11},{"text":"the","start":1969.11,"end":1969.19},{"text":"current","start":1969.19,"end":1969.55},{"text":"crisis","start":1969.55,"end":1970.27},{"text":"at","start":1970.35,"end":1970.51},{"text":"their","start":1970.51,"end":1970.91},{"text":"discretion.","start":1970.95,"end":1971.55}]},{"text":"So let me emphasize what we bring to this great challenge and what we are asking for in return.","start":1972.99,"end":1980.35,"topics":[],"words":[{"text":"So","start":1972.99,"end":1973.15},{"text":"let","start":1973.23,"end":1973.39},{"text":"me","start":1973.39,"end":1973.63},{"text":"emphasize","start":1973.63,"end":1974.51},{"text":"what","start":1974.51,"end":1974.71},{"text":"we","start":1974.71,"end":1974.83},{"text":"bring","start":1974.83,"end":1975.23},{"text":"to","start":1975.23,"end":1975.39},{"text":"this","start":1975.39,"end":1975.71},{"text":"great","start":1975.79,"end":1976.11},{"text":"challenge","start":1976.11,"end":1976.83},{"text":"and","start":1977.35,"end":1977.47},{"text":"what","start":1977.47,"end":1977.79},{"text":"we","start":1977.79,"end":1978.19},{"text":"are","start":1978.19,"end":1978.43},{"text":"asking","start":1978.43,"end":1978.91},{"text":"for","start":1978.91,"end":1979.39},{"text":"in","start":1979.39,"end":1979.79},{"text":"return.","start":1979.79,"end":1980.35}]},{"text":"Many developing countries now face simultaneous pressures, including debt stress and shrinking budget space and the need to create more and better jobs for fast growing young countries.","start":1982.03,"end":1996.83,"topics":[{"key":"debt-architecture","label":"Debt Sustainability and Relief","description":"A major theme was the rising debt burden on developing countries and the need for a more development-oriented debt system. 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water and across other important areas, partnership with countries, with the United Nations, is key to deliver the impact that our world now requires, an impact with urgency and with scale.","start":2192.67,"end":2210.91,"topics":[],"words":[{"text":"In","start":2192.67,"end":2192.83},{"text":"water","start":2192.83,"end":2193.47},{"text":"and","start":2193.79,"end":2193.99},{"text":"across","start":2193.99,"end":2194.51},{"text":"other","start":2194.83,"end":2195.39},{"text":"important","start":2195.71,"end":2196.43},{"text":"areas,","start":2196.43,"end":2197.07},{"text":"partnership","start":2197.47,"end":2198.27},{"text":"with","start":2198.27,"end":2198.43},{"text":"countries,","start":2198.43,"end":2199.23},{"text":"with","start":2199.55,"end":2199.75},{"text":"the","start":2199.75,"end":2199.83},{"text":"United","start":2199.83,"end":2200.31},{"text":"Nations,","start":2200.31,"end":2201.07},{"text":"is","start":2201.51,"end":2201.63},{"text":"key","start":2201.63,"end":2202.11},{"text":"to","start":2202.35,"end":2202.47},{"text":"deliver","start":2202.51,"end":2203.07},{"text":"the","start":2203.07,"end":2203.27},{"text":"impact","start":2203.31,"end":2204.11},{"text":"that","start":2204.43,"end":2204.59},{"text":"our","start":2204.59,"end":2204.75},{"text":"world","start":2204.75,"end":2205.31},{"text":"now","start":2205.39,"end":2205.79},{"text":"requires,","start":2205.87,"end":2206.83},{"text":"an","start":2207.31,"end":2207.47},{"text":"impact","start":2207.47,"end":2208.11},{"text":"with","start":2208.35,"end":2208.55},{"text":"urgency","start":2208.59,"end":2209.47},{"text":"and","start":2209.55,"end":2210.03},{"text":"with","start":2210.03,"end":2210.23},{"text":"scale.","start":2210.23,"end":2210.91}]},{"text":"And I thank you for the opportunity to contribute to this important discussion.","start":2211.43,"end":2216.35,"topics":[],"words":[{"text":"And","start":2211.43,"end":2211.63},{"text":"I","start":2211.63,"end":2211.71},{"text":"thank","start":2211.71,"end":2212.11},{"text":"you","start":2212.11,"end":2212.35},{"text":"for","start":2212.59,"end":2212.75},{"text":"the","start":2212.79,"end":2212.87},{"text":"opportunity","start":2212.87,"end":2213.79},{"text":"to","start":2213.95,"end":2214.07},{"text":"contribute","start":2214.07,"end":2214.67},{"text":"to","start":2214.75,"end":2214.83},{"text":"this","start":2214.99,"end":2215.31},{"text":"important","start":2215.31,"end":2215.83},{"text":"discussion.","start":2215.83,"end":2216.35}]}]}],"speaker":{"name":"Pascal Donohue","affiliation":"WBG","affiliation_full":"WBG","group":null,"function":"Managing Director and Chief Knowledge 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invite the forum to turn its attention to the provisional agenda for the 2026 sessions of the forum.","start":2274.83,"end":2281.87,"topics":[],"words":[{"text":"I","start":2274.83,"end":2274.99},{"text":"invite","start":2274.99,"end":2275.47},{"text":"the","start":2275.47,"end":2275.63},{"text":"forum","start":2275.63,"end":2275.95},{"text":"to","start":2275.95,"end":2276.11},{"text":"turn","start":2276.11,"end":2276.59},{"text":"its","start":2276.59,"end":2276.83},{"text":"attention","start":2276.87,"end":2277.47},{"text":"to","start":2277.47,"end":2277.59},{"text":"the","start":2277.59,"end":2277.71},{"text":"provisional","start":2277.71,"end":2278.23},{"text":"agenda","start":2278.27,"end":2278.99},{"text":"for","start":2279.43,"end":2279.63},{"text":"the","start":2279.63,"end":2279.71},{"text":"2026","start":2279.71,"end":2280.71},{"text":"sessions","start":2280.71,"end":2281.15},{"text":"of","start":2281.15,"end":2281.31},{"text":"the","start":2281.31,"end":2281.43},{"text":"forum.","start":2281.43,"end":2281.87}]},{"text":"It's contained in document E slash FFDF slash 2026 slash one.","start":2282.11,"end":2290.67,"topics":[],"words":[{"text":"It's","start":2282.11,"end":2282.35},{"text":"contained","start":2282.35,"end":2282.99},{"text":"in","start":2282.99,"end":2283.07},{"text":"document","start":2283.07,"end":2283.79},{"text":"E","start":2284.19,"end":2284.51},{"text":"slash","start":2284.51,"end":2284.99},{"text":"FFDF","start":2286.15,"end":2287.39},{"text":"slash","start":2287.39,"end":2287.83},{"text":"2026","start":2287.83,"end":2289.19},{"text":"slash","start":2289.19,"end":2289.59},{"text":"one.","start":2290.19,"end":2290.67}]},{"text":"Are there any comments on the provisional agenda?","start":2291.39,"end":2294.03,"topics":[],"words":[{"text":"Are","start":2291.39,"end":2291.47},{"text":"there","start":2291.47,"end":2291.75},{"text":"any","start":2291.79,"end":2292.11},{"text":"comments","start":2292.11,"end":2292.75},{"text":"on","start":2292.75,"end":2292.91},{"text":"the","start":2292.91,"end":2293.07},{"text":"provisional","start":2293.07,"end":2293.55},{"text":"agenda?","start":2293.55,"end":2294.03}]},{"text":"May I take it that the forum wishes to adopt the provisional agenda as contained in document E slash FFDF slash 2026 slash one.","start":2299.07,"end":2312.91,"topics":[],"words":[{"text":"May","start":2299.07,"end":2299.39},{"text":"I","start":2299.39,"end":2299.63},{"text":"take","start":2299.63,"end":2300.11},{"text":"it","start":2300.11,"end":2300.23},{"text":"that","start":2300.23,"end":2300.67},{"text":"the","start":2300.67,"end":2300.91},{"text":"forum","start":2300.91,"end":2301.27},{"text":"wishes","start":2301.27,"end":2301.79},{"text":"to","start":2301.79,"end":2301.99},{"text":"adopt","start":2302.11,"end":2302.59},{"text":"the","start":2302.59,"end":2302.75},{"text":"provisional","start":2302.75,"end":2303.23},{"text":"agenda","start":2303.23,"end":2303.79},{"text":"as","start":2303.87,"end":2304.03},{"text":"contained","start":2304.03,"end":2304.67},{"text":"in","start":2304.67,"end":2304.83},{"text":"document","start":2304.83,"end":2305.59},{"text":"E","start":2305.95,"end":2306.11},{"text":"slash","start":2306.11,"end":2306.55},{"text":"FFDF","start":2307.15,"end":2308.03},{"text":"slash","start":2308.03,"end":2308.47},{"text":"2026","start":2310.19,"end":2310.99},{"text":"slash","start":2311.47,"end":2312.27},{"text":"one.","start":2312.43,"end":2312.91}]},{"text":"I hear no objections.","start":2317.11,"end":2318.47,"topics":[],"words":[{"text":"I","start":2317.11,"end":2317.27},{"text":"hear","start":2317.27,"end":2317.47},{"text":"no","start":2317.47,"end":2317.71},{"text":"objections.","start":2317.71,"end":2318.47}]},{"text":"It is so decided.","start":2318.71,"end":2319.79,"topics":[],"words":[{"text":"It","start":2318.71,"end":2318.87},{"text":"is","start":2318.87,"end":2319.03},{"text":"so","start":2319.03,"end":2319.27},{"text":"decided.","start":2319.27,"end":2319.79}]},{"text":"We shall now turn to the rules of the procedures and modalities for the meetings of the 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hear no objections.","start":2398.47,"end":2399.83,"topics":[],"words":[{"text":"I","start":2398.47,"end":2398.63},{"text":"hear","start":2398.63,"end":2398.79},{"text":"no","start":2398.79,"end":2399.07},{"text":"objections.","start":2399.07,"end":2399.83}]},{"text":"It is so decided.","start":2400.67,"end":2401.95,"topics":[],"words":[{"text":"It","start":2400.67,"end":2400.83},{"text":"is","start":2400.83,"end":2400.95},{"text":"so","start":2400.95,"end":2401.15},{"text":"decided.","start":2401.15,"end":2401.95}]},{"text":"Excellencies, I now invite Her Excellency Amina Mohammed, Deputy Secretary-General of the United Nations to present the 2026 Financing for Sustainable Development Report on the basis of document 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Secretary-General, you have the floor now.","start":2423.23,"end":2425.39,"topics":[],"words":[{"text":"Deputy","start":2423.23,"end":2423.63},{"text":"Secretary-General,","start":2423.63,"end":2424.51},{"text":"you","start":2424.59,"end":2424.71},{"text":"have","start":2424.71,"end":2424.83},{"text":"the","start":2424.83,"end":2424.99},{"text":"floor","start":2424.99,"end":2425.15},{"text":"now.","start":2425.15,"end":2425.39}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC","affiliation_full":"ECOSOC","group":null,"function":"President of ECOSOC"}},{"statement_number":10,"start":2426.59,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=2427","paragraphs":[{"sentences":[{"text":"Thank you, Mr. President, Excellencies, Ministers, dear 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These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"The","start":2537.07,"end":2537.27},{"text":"conflict","start":2537.27,"end":2537.75},{"text":"in","start":2537.75,"end":2537.87},{"text":"the","start":2537.87,"end":2537.95},{"text":"Middle","start":2537.95,"end":2538.15},{"text":"East","start":2538.15,"end":2538.43},{"text":"is","start":2538.43,"end":2538.59},{"text":"compounding","start":2538.59,"end":2539.23},{"text":"the","start":2539.23,"end":2539.35},{"text":"strain.","start":2539.35,"end":2540.03}]},{"text":"We have all watched as the situation has put downward pressure on developing country currencies, upward pressure on borrowing costs, and tightened fiscal space at exactly the moment more of it is needed.","start":2540.27,"end":2552.67,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. 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wish you all a very productive Financing for Development Forum.","start":2726.87,"end":2730.07,"topics":[],"words":[{"text":"I","start":2726.87,"end":2726.95},{"text":"wish","start":2726.95,"end":2727.19},{"text":"you","start":2727.19,"end":2727.27},{"text":"all","start":2727.27,"end":2727.51},{"text":"a","start":2727.51,"end":2727.55},{"text":"very","start":2727.55,"end":2727.79},{"text":"productive","start":2727.79,"end":2728.47},{"text":"Financing","start":2728.47,"end":2729.11},{"text":"for","start":2729.11,"end":2729.23},{"text":"Development","start":2729.23,"end":2729.67},{"text":"Forum.","start":2729.67,"end":2730.07}]},{"text":"Thank you.","start":2730.31,"end":2730.71,"topics":[],"words":[{"text":"Thank","start":2730.31,"end":2730.55},{"text":"you.","start":2730.55,"end":2730.71}]}]}],"speaker":{"name":"Amina 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seated.","start":2748.23,"end":2749.63,"topics":[],"words":[{"text":"Please","start":2748.23,"end":2748.59},{"text":"remain","start":2748.59,"end":2748.99},{"text":"seated.","start":2748.99,"end":2749.63}]},{"text":"Excellencies, distinguished delegates, I invite the Forum to begin its considerations of the sub-item D of agenda item 2 entitled, \"In-depth review of actions area of SBI commitment to hold a ministerial roundtable on the global economic outlook for 2026-27 trends and implications for financing for sustainable 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pleased to welcome the distinguished presenters for this discussion.","start":2915.03,"end":2919.27,"topics":[],"words":[{"text":"I'm","start":2915.03,"end":2915.27},{"text":"pleased","start":2915.27,"end":2915.55},{"text":"to","start":2915.55,"end":2915.63},{"text":"welcome","start":2915.63,"end":2916.07},{"text":"the","start":2916.07,"end":2916.15},{"text":"distinguished","start":2916.15,"end":2917.03},{"text":"presenters","start":2917.43,"end":2918.15},{"text":"for","start":2918.15,"end":2918.39},{"text":"this","start":2918.39,"end":2918.63},{"text":"discussion.","start":2918.63,"end":2919.27}]},{"text":"I also welcome Mr. Kleber Gatete, Executive Secretary of the Economic Commission for Africa, who will moderate the 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necessary, please note that given the limited time available, the microphone may be automatically cut off when the allotted time has 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is in the interest of hearing all inscribed speakers.","start":2978.75,"end":2983.07,"topics":[],"words":[{"text":"This","start":2978.75,"end":2979.07},{"text":"is","start":2979.07,"end":2979.23},{"text":"in","start":2979.23,"end":2979.39},{"text":"the","start":2979.39,"end":2979.47},{"text":"interest","start":2979.47,"end":2979.95},{"text":"of","start":2979.95,"end":2980.35},{"text":"hearing","start":2980.35,"end":2980.83},{"text":"all","start":2980.83,"end":2981.23},{"text":"inscribed","start":2981.23,"end":2982.11},{"text":"speakers.","start":2982.27,"end":2983.07}]},{"text":"Having said this, I now turn the meeting over to the moderator.","start":2983.39,"end":2986.99,"topics":[],"words":[{"text":"Having","start":2983.39,"end":2983.71},{"text":"said","start":2983.71,"end":2983.95},{"text":"this,","start":2983.95,"end":2984.35},{"text":"I","start":2984.35,"end":2984.51},{"text":"now","start":2984.51,"end":2984.83},{"text":"turn","start":2984.83,"end":2985.15},{"text":"the","start":2985.15,"end":2985.31},{"text":"meeting","start":2985.31,"end":2985.79},{"text":"over","start":2985.79,"end":2986.11},{"text":"to","start":2986.11,"end":2986.23},{"text":"the","start":2986.23,"end":2986.35},{"text":"moderator.","start":2986.35,"end":2986.99}]},{"text":"I look forward to an open, constructive and productive exchange of 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now.","start":2993.55,"end":2996.11,"topics":[],"words":[{"text":"Mr.","start":2993.55,"end":2993.87},{"text":"Guterres,","start":2993.87,"end":2994.43},{"text":"moderator,","start":2994.51,"end":2995.11},{"text":"you","start":2995.15,"end":2995.23},{"text":"have","start":2995.23,"end":2995.43},{"text":"the","start":2995.43,"end":2995.51},{"text":"floor","start":2995.51,"end":2995.71},{"text":"now.","start":2995.71,"end":2996.11}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC","affiliation_full":"ECOSOC","group":null,"function":"President of ECOSOC"}},{"statement_number":12,"start":2998.99,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=2999","paragraphs":[{"sentences":[{"text":"Yeah, thank you very much, Mr. President.","start":2998.99,"end":3001.39,"topics":[],"words":[{"text":"Yeah,","start":2998.99,"end":2999.23},{"text":"thank","start":2999.27,"end":2999.51},{"text":"you","start":2999.51,"end":2999.59},{"text":"very","start":2999.59,"end":2999.87},{"text":"much,","start":2999.87,"end":3000.19},{"text":"Mr.","start":3000.43,"end":3000.75},{"text":"President.","start":3000.75,"end":3001.39}]},{"text":"It's always good to be back here in New York.","start":3001.91,"end":3004.75,"topics":[],"words":[{"text":"It's","start":3001.91,"end":3002.19},{"text":"always","start":3002.19,"end":3002.51},{"text":"good","start":3002.51,"end":3002.71},{"text":"to","start":3002.71,"end":3002.83},{"text":"be","start":3002.83,"end":3002.99},{"text":"back","start":3003.03,"end":3003.39},{"text":"here","start":3003.63,"end":3004.11},{"text":"in","start":3004.11,"end":3004.27},{"text":"New","start":3004.27,"end":3004.35},{"text":"York.","start":3004.35,"end":3004.75}]},{"text":"Excellencies, distinguished 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forms of international support would be most effective?","start":3156.75,"end":3160.79,"topics":[],"words":[{"text":"What","start":3156.75,"end":3157.07},{"text":"forms","start":3157.07,"end":3157.55},{"text":"of","start":3157.55,"end":3157.79},{"text":"international","start":3157.79,"end":3158.43},{"text":"support","start":3158.43,"end":3159.07},{"text":"would","start":3159.39,"end":3159.63},{"text":"be","start":3159.63,"end":3159.95},{"text":"most","start":3159.95,"end":3160.31},{"text":"effective?","start":3160.31,"end":3160.79}]},{"text":"And to answer these questions, I have five distinguished panelists from different regions that are going to take us through 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first one is Mr. Sonny Wago, Minister of Finance of Nepal.","start":3171.87,"end":3178.59,"topics":[],"words":[{"text":"The","start":3171.87,"end":3171.99},{"text":"first","start":3172.03,"end":3172.43},{"text":"one","start":3172.43,"end":3172.75},{"text":"is","start":3173.55,"end":3173.79},{"text":"Mr.","start":3173.79,"end":3174.35},{"text":"Sonny","start":3174.91,"end":3175.47},{"text":"Wago,","start":3175.95,"end":3176.43},{"text":"Minister","start":3176.59,"end":3177.11},{"text":"of","start":3177.11,"end":3177.23},{"text":"Finance","start":3177.23,"end":3177.79},{"text":"of","start":3177.87,"end":3178.03},{"text":"Nepal.","start":3178.03,"end":3178.59}]},{"text":"The second one is Her Excellency Eva Galliano, State Secretary for International Cooperation, 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Norway.","start":3189.67,"end":3200.71,"topics":[],"words":[{"text":"And","start":3189.67,"end":3189.87},{"text":"then","start":3189.87,"end":3190.07},{"text":"her","start":3190.07,"end":3190.31},{"text":"excellency,","start":3190.31,"end":3191.03},{"text":"Steen","start":3191.67,"end":3192.23},{"text":"Hagem,","start":3193.27,"end":3193.75},{"text":"I","start":3193.99,"end":3194.15},{"text":"hope","start":3194.15,"end":3194.47},{"text":"I","start":3194.47,"end":3194.55},{"text":"pronounce","start":3194.55,"end":3194.95},{"text":"it","start":3194.95,"end":3195.11},{"text":"right,","start":3195.11,"end":3195.51},{"text":"deputy","start":3196.11,"end":3196.55},{"text":"minister","start":3196.55,"end":3197.19},{"text":"to","start":3197.99,"end":3198.07},{"text":"the","start":3198.31,"end":3198.47},{"text":"Ministry","start":3198.47,"end":3198.95},{"text":"of","start":3198.95,"end":3199.19},{"text":"International","start":3199.19,"end":3199.71},{"text":"Cooperation,","start":3199.71,"end":3200.27},{"text":"Norway.","start":3200.27,"end":3200.71}]},{"text":"And then the last one, the fourth one is his excellency, Putut Satiaka, deputy minister of development funding of the Ministry of National Development Planning, Indonesia.","start":3201.79,"end":3214.95,"topics":[],"words":[{"text":"And","start":3201.79,"end":3201.95},{"text":"then","start":3201.95,"end":3202.11},{"text":"the","start":3202.11,"end":3202.23},{"text":"last","start":3202.23,"end":3202.47},{"text":"one,","start":3202.47,"end":3202.63},{"text":"the","start":3202.95,"end":3203.63},{"text":"fourth","start":3203.63,"end":3203.99},{"text":"one","start":3203.99,"end":3204.31},{"text":"is","start":3204.87,"end":3205.11},{"text":"his","start":3205.11,"end":3205.35},{"text":"excellency,","start":3205.35,"end":3206.07},{"text":"Putut","start":3206.07,"end":3206.47},{"text":"Satiaka,","start":3207.03,"end":3207.83},{"text":"deputy","start":3208.47,"end":3208.91},{"text":"minister","start":3208.91,"end":3209.59},{"text":"of","start":3209.59,"end":3209.67},{"text":"development","start":3209.67,"end":3210.31},{"text":"funding","start":3210.31,"end":3210.87},{"text":"of","start":3211.27,"end":3211.43},{"text":"the","start":3211.43,"end":3211.59},{"text":"Ministry","start":3211.59,"end":3212.23},{"text":"of","start":3212.87,"end":3213.03},{"text":"National","start":3213.03,"end":3213.47},{"text":"Development","start":3213.47,"end":3213.99},{"text":"Planning,","start":3213.99,"end":3214.31},{"text":"Indonesia.","start":3214.31,"end":3214.95}]},{"text":"And the last one is Mr. Persi Herman, here with me, Vice Minister for Development Policy at the Ministry of Foreign Affairs in Finland.","start":3215.51,"end":3225.39,"topics":[],"words":[{"text":"And","start":3215.51,"end":3215.63},{"text":"the","start":3215.63,"end":3215.71},{"text":"last","start":3215.71,"end":3215.99},{"text":"one","start":3215.99,"end":3216.31},{"text":"is","start":3216.39,"end":3216.55},{"text":"Mr.","start":3216.55,"end":3216.87},{"text":"Persi","start":3216.87,"end":3217.15},{"text":"Herman,","start":3217.51,"end":3218.07},{"text":"here","start":3218.67,"end":3218.91},{"text":"with","start":3218.91,"end":3219.07},{"text":"me,","start":3219.07,"end":3219.39},{"text":"Vice","start":3220.35,"end":3220.67},{"text":"Minister","start":3220.67,"end":3221.31},{"text":"for","start":3221.31,"end":3221.79},{"text":"Development","start":3221.79,"end":3222.35},{"text":"Policy","start":3222.35,"end":3222.91},{"text":"at","start":3222.99,"end":3223.07},{"text":"the","start":3223.07,"end":3223.19},{"text":"Ministry","start":3223.19,"end":3223.59},{"text":"of","start":3223.59,"end":3223.67},{"text":"Foreign","start":3223.67,"end":3223.87},{"text":"Affairs","start":3223.87,"end":3224.43},{"text":"in","start":3224.67,"end":3224.83},{"text":"Finland.","start":3224.83,"end":3225.39}]},{"text":"These are going to take us through the discussions to answer some of these questions.","start":3226.51,"end":3231.71,"topics":[],"words":[{"text":"These","start":3226.51,"end":3226.99},{"text":"are","start":3226.99,"end":3227.07},{"text":"going","start":3227.07,"end":3227.31},{"text":"to","start":3227.31,"end":3227.43},{"text":"take","start":3227.43,"end":3227.71},{"text":"us","start":3227.71,"end":3227.91},{"text":"through","start":3227.91,"end":3228.19},{"text":"the","start":3228.43,"end":3228.55},{"text":"discussions","start":3228.55,"end":3229.39},{"text":"to","start":3229.71,"end":3229.95},{"text":"answer","start":3229.95,"end":3230.27},{"text":"some","start":3230.27,"end":3230.51},{"text":"of","start":3230.51,"end":3230.59},{"text":"these","start":3230.59,"end":3230.91},{"text":"questions.","start":3231.15,"end":3231.71}]},{"text":"And you only have five minutes each to continue, I mean to take us through, and then we can follow up with other 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me start with Mr. Sunil Waghul, Minister of Finance of Nepal.","start":3240.67,"end":3246.83,"topics":[],"words":[{"text":"Let","start":3240.67,"end":3240.79},{"text":"me","start":3240.79,"end":3240.95},{"text":"start","start":3240.95,"end":3241.31},{"text":"with","start":3241.31,"end":3241.63},{"text":"Mr.","start":3242.19,"end":3242.99},{"text":"Sunil","start":3243.15,"end":3243.63},{"text":"Waghul,","start":3244.35,"end":3244.83},{"text":"Minister","start":3245.07,"end":3245.67},{"text":"of","start":3245.67,"end":3245.75},{"text":"Finance","start":3245.75,"end":3246.19},{"text":"of","start":3246.19,"end":3246.35},{"text":"Nepal.","start":3246.35,"end":3246.83}]},{"text":"Please go ahead.","start":3247.71,"end":3248.27,"topics":[],"words":[{"text":"Please","start":3247.71,"end":3247.87},{"text":"go","start":3247.87,"end":3248.03},{"text":"ahead.","start":3248.03,"end":3248.27}]}]}],"speaker":{"name":"Kleber Gatete","affiliation":"ECA","affiliation_full":"ECA","group":null,"function":"Executive Secretary"}},{"statement_number":13,"start":3255.22,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=3256","paragraphs":[{"sentences":[{"text":"Distinguished ladies and gentlemen, greetings from Kathmandu in the high Himalayas.","start":3255.22,"end":3261.46,"topics":[],"words":[{"text":"Distinguished","start":3255.22,"end":3256.02},{"text":"ladies","start":3256.1,"end":3256.62},{"text":"and","start":3256.62,"end":3256.78},{"text":"gentlemen,","start":3256.78,"end":3257.38},{"text":"greetings","start":3258.5,"end":3259.14},{"text":"from","start":3259.14,"end":3259.54},{"text":"Kathmandu","start":3259.54,"end":3260.1},{"text":"in","start":3260.1,"end":3260.22},{"text":"the","start":3260.22,"end":3260.34},{"text":"high","start":3260.34,"end":3260.58},{"text":"Himalayas.","start":3260.58,"end":3261.46}]},{"text":"It's a distinct honor for me to address this August FFG forum as a newly elected Minister of Finance from a country that is exhibit A of a multifaceted crisis hitting a typical LDC.","start":3262.1,"end":3281.78,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. 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office.","start":3325.55,"end":3327.79,"topics":[],"words":[{"text":"I'm","start":3325.55,"end":3325.79},{"text":"addressing","start":3326.27,"end":3326.67},{"text":"you","start":3326.67,"end":3326.83},{"text":"from","start":3326.83,"end":3327.03},{"text":"my","start":3327.03,"end":3327.23},{"text":"office.","start":3327.23,"end":3327.79}]},{"text":"And as I sit here and craft next year's budget, next fiscal year's budget, which is due for announcement at the end of May, we're dealing with multiple 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the same time.","start":3341.27,"end":3342.15,"topics":[],"words":[{"text":"at","start":3341.27,"end":3341.47},{"text":"the","start":3341.47,"end":3341.59},{"text":"same","start":3341.59,"end":3341.83},{"text":"time.","start":3341.83,"end":3342.15}]},{"text":"First, everyone's mind obviously is the war.","start":3342.71,"end":3345.75,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. 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Z inspired government in Nepal is governance, both at the macro level and the micro level.","start":3588.51,"end":3596.59,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many statements focused on reforming the global financial system so it better reflects current economic realities and gives developing countries a stronger voice. 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This included improving tax collection, widening the tax base, fighting corruption, strengthening public financial management, and tackling illicit financial flows."}],"words":[{"text":"It's","start":3657.91,"end":3658.79},{"text":"16%","start":3658.79,"end":3658.83},{"text":"in","start":3658.83,"end":3659.03},{"text":"terms","start":3659.43,"end":3659.71},{"text":"of","start":3659.71,"end":3659.83},{"text":"tax","start":3659.83,"end":3660.07},{"text":"to","start":3660.07,"end":3660.19},{"text":"GDP","start":3660.19,"end":3660.63},{"text":"ratio.","start":3660.63,"end":3661.03}]},{"text":"Of course, compared to the European Union of 34%, that is low by any standards.","start":3661.51,"end":3667.03,"topics":[],"words":[{"text":"Of","start":3661.51,"end":3661.59},{"text":"course,","start":3661.59,"end":3661.83},{"text":"compared","start":3661.83,"end":3662.27},{"text":"to","start":3662.87,"end":3662.95},{"text":"the","start":3662.95,"end":3663.03},{"text":"European","start":3663.11,"end":3663.87},{"text":"Union","start":3663.87,"end":3665.07},{"text":"of","start":3665.07,"end":3665.15},{"text":"34%,","start":3665.15,"end":3665.19},{"text":"that","start":3665.19,"end":3665.51},{"text":"is","start":3665.51,"end":3665.75},{"text":"low","start":3665.75,"end":3665.99},{"text":"by","start":3665.99,"end":3666.23},{"text":"any","start":3666.23,"end":3666.47},{"text":"standards.","start":3666.47,"end":3667.03}]},{"text":"And here, exactly the challenges we just mentioned in terms of stabilizing your macroeconomic situation.","start":3667.71,"end":3674.63,"topics":[],"words":[{"text":"And","start":3667.71,"end":3668.07},{"text":"here,","start":3668.31,"end":3668.59},{"text":"exactly","start":3668.87,"end":3669.35},{"text":"the","start":3669.67,"end":3669.79},{"text":"challenges","start":3669.83,"end":3670.31},{"text":"we","start":3670.31,"end":3670.47},{"text":"just","start":3670.47,"end":3670.71},{"text":"mentioned","start":3670.71,"end":3671.15},{"text":"in","start":3671.15,"end":3671.27},{"text":"terms","start":3671.27,"end":3671.59},{"text":"of","start":3671.59,"end":3671.91},{"text":"stabilizing","start":3672.39,"end":3673.03},{"text":"your","start":3673.03,"end":3673.19},{"text":"macroeconomic","start":3673.19,"end":3673.99},{"text":"situation.","start":3673.99,"end":3674.63}]},{"text":"with limited buffer and reserves and the impact on debt payment this becomes very critical it's a familiar situation that you see in many other countries thank you very much honorable minister really for your contribution and now let me turn to our Excellency Eva Galliano State Secretary for international cooperation from Spain please go ahead Limit your intervention, if you can, for five minutes, please.","start":3675.43,"end":3703.07,"topics":[{"key":"debt-architecture","label":"Debt Sustainability and Relief","description":"A major theme was the rising debt burden on developing countries and the need for a more development-oriented debt system. 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Speakers also emphasized the need to protect and better target concessional finance where it is most needed."}],"words":[{"text":"We","start":3836.35,"end":3836.51},{"text":"know","start":3836.51,"end":3836.83},{"text":"the","start":3836.83,"end":3837.11},{"text":"essential,","start":3837.11,"end":3839.07},{"text":"irreplaceable","start":3839.07,"end":3839.71},{"text":"role","start":3839.71,"end":3840.19},{"text":"that","start":3840.19,"end":3840.51},{"text":"ODA","start":3840.51,"end":3840.83},{"text":"plays","start":3840.83,"end":3841.23},{"text":"in","start":3841.23,"end":3841.39},{"text":"various","start":3841.39,"end":3841.71},{"text":"contexts,","start":3841.71,"end":3842.43},{"text":"and","start":3842.43,"end":3842.55},{"text":"these","start":3842.55,"end":3842.83},{"text":"brutal","start":3842.83,"end":3843.35},{"text":"cuts","start":3843.35,"end":3843.95},{"text":"will","start":3844.51,"end":3844.67},{"text":"have","start":3844.67,"end":3844.83},{"text":"major","start":3844.83,"end":3845.63},{"text":"impacts","start":3845.63,"end":3846.43},{"text":"in","start":3847.47,"end":3847.71},{"text":"related","start":3847.71,"end":3848.19},{"text":"areas.","start":3848.19,"end":3848.91}]},{"text":"I recall that Spain and my government have increased their ODA by 13%.","start":3848.91,"end":3855.19,"topics":[{"key":"oda-concessional","label":"Official Development Assistance and Concessional Finance","description":"The sharp decline in official development assistance was raised as a serious threat to development financing, especially for LDCs, fragile states, and vulnerable countries. 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Speakers highlighted blended finance, guarantees, stronger project pipelines, better regulatory environments, and reforms to attract private capital into infrastructure, jobs, and productive sectors."}],"words":[{"text":"not","start":3863.67,"end":3863.91},{"text":"only","start":3863.91,"end":3864.07},{"text":"in","start":3864.07,"end":3864.15},{"text":"terms","start":3864.15,"end":3864.35},{"text":"of","start":3864.35,"end":3864.47},{"text":"ODA,","start":3864.47,"end":3864.79},{"text":"but","start":3864.79,"end":3865.19},{"text":"also","start":3865.19,"end":3865.51},{"text":"in","start":3865.51,"end":3865.59},{"text":"terms","start":3865.59,"end":3865.79},{"text":"of","start":3865.79,"end":3865.87},{"text":"mobilizing","start":3865.87,"end":3866.39},{"text":"private","start":3866.39,"end":3866.71},{"text":"financing.","start":3866.71,"end":3867.27}]},{"text":"Well, it has already been said that this fragmentation and instability is leading to a retraction in financing, which we have seen time and time again.","start":3869.11,"end":3879.19,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many statements focused on reforming the global financial system so it better reflects current economic realities and gives developing countries a stronger voice. 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is true that in the meantime, as we await for this reform, we have the civil program of action, which is an innovative model of multilateral 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is a coalition of many, many initiatives, 130 initiatives.","start":3969.75,"end":3977.79,"topics":[],"words":[{"text":"It","start":3969.75,"end":3969.87},{"text":"is","start":3969.87,"end":3970.11},{"text":"a","start":3970.11,"end":3970.15},{"text":"coalition","start":3970.15,"end":3971.51},{"text":"of","start":3973.15,"end":3973.43},{"text":"many,","start":3974.43,"end":3974.71},{"text":"many","start":3974.71,"end":3974.95},{"text":"initiatives,","start":3974.95,"end":3976.27},{"text":"130","start":3976.71,"end":3977.31},{"text":"initiatives.","start":3977.31,"end":3977.79}]},{"text":"This is important and progress has already been seen.","start":3977.79,"end":3980.03,"topics":[],"words":[{"text":"This","start":3977.79,"end":3977.95},{"text":"is","start":3977.95,"end":3978.03},{"text":"important","start":3978.03,"end":3978.43},{"text":"and","start":3978.43,"end":3978.55},{"text":"progress","start":3978.55,"end":3978.91},{"text":"has","start":3978.91,"end":3979.03},{"text":"already","start":3979.03,"end":3979.39},{"text":"been","start":3979.39,"end":3979.59},{"text":"seen.","start":3979.59,"end":3980.03}]},{"text":"And finally, the question is what is the most effective in these circumstances?","start":3980.27,"end":3984.67,"topics":[],"words":[{"text":"And","start":3980.27,"end":3980.43},{"text":"finally,","start":3980.43,"end":3981.07},{"text":"the","start":3981.55,"end":3981.71},{"text":"question","start":3981.71,"end":3981.99},{"text":"is","start":3981.99,"end":3982.07},{"text":"what","start":3982.07,"end":3982.23},{"text":"is","start":3982.23,"end":3982.31},{"text":"the","start":3982.31,"end":3982.39},{"text":"most","start":3982.39,"end":3982.63},{"text":"effective","start":3982.63,"end":3983.39},{"text":"in","start":3983.39,"end":3983.55},{"text":"these","start":3983.55,"end":3983.75},{"text":"circumstances?","start":3983.75,"end":3984.67}]},{"text":"And here I would highlight two points.","start":3984.67,"end":3987.59,"topics":[],"words":[{"text":"And","start":3984.67,"end":3984.83},{"text":"here","start":3984.83,"end":3985.11},{"text":"I","start":3985.11,"end":3985.15},{"text":"would","start":3985.15,"end":3985.31},{"text":"highlight","start":3986.67,"end":3987.03},{"text":"two","start":3987.03,"end":3987.23},{"text":"points.","start":3987.23,"end":3987.59}]},{"text":"First of all, we need to bolster resource mobilization on the national level, hence the importance of development cooperation.","start":3987.59,"end":3996.11,"topics":[{"key":"domestic-resources","label":"Domestic Resource Mobilization","description":"Several speakers stressed that countries need stronger domestic revenue systems to finance development sustainably. This included improving tax collection, widening the tax base, fighting corruption, strengthening public financial management, and tackling illicit financial flows."}],"words":[{"text":"First","start":3987.59,"end":3987.79},{"text":"of","start":3987.79,"end":3987.87},{"text":"all,","start":3987.87,"end":3987.99},{"text":"we","start":3987.99,"end":3988.11},{"text":"need","start":3988.11,"end":3988.31},{"text":"to","start":3988.31,"end":3988.51},{"text":"bolster","start":3988.51,"end":3989.19},{"text":"resource","start":3989.19,"end":3989.55},{"text":"mobilization","start":3989.55,"end":3990.59},{"text":"on","start":3990.59,"end":3990.79},{"text":"the","start":3990.79,"end":3990.87},{"text":"national","start":3990.87,"end":3991.43},{"text":"level,","start":3991.43,"end":3991.87},{"text":"hence","start":3993.47,"end":3993.87},{"text":"the","start":3993.87,"end":3993.99},{"text":"importance","start":3993.99,"end":3994.63},{"text":"of","start":3994.63,"end":3994.75},{"text":"development","start":3994.75,"end":3995.23},{"text":"cooperation.","start":3995.23,"end":3996.11}]},{"text":"We need to strengthen institutional capacities, productive capacities, We need to improve social protection, as well as strengthen local financial markets.","start":3996.75,"end":4013.11,"topics":[{"key":"social-investment","label":"Social Spending and SDG Financing","description":"Participants linked financing for development directly to people-centered investment in health, education, social protection, jobs, and essential infrastructure. 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These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the 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we are going to our colleague, Her Excellency Stein Haheim, Deputy Minister of International Development in 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Distinguished Excellencies, colleges and delegates.","start":4601.05,"end":4606.17,"topics":[],"words":[{"text":"Thank","start":4601.05,"end":4601.29},{"text":"you,","start":4601.29,"end":4601.37},{"text":"Chair.","start":4601.37,"end":4601.77},{"text":"Distinguished","start":4603.25,"end":4603.85},{"text":"Excellencies,","start":4603.85,"end":4604.73},{"text":"colleges","start":4604.73,"end":4605.29},{"text":"and","start":4605.29,"end":4605.53},{"text":"delegates.","start":4605.53,"end":4606.17}]},{"text":"We meet at the time when global economic trends are placing significant pressure on the financing outlook of developing countries today.","start":4606.89,"end":4615.61,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many statements focused on reforming the global financial system so it better reflects current economic realities and gives developing countries a stronger voice. 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global financing conditions for developing countries are tightening as high interest rates, weak global growth, and geopolitical shocks, especially Russia's illegal war of aggression on Ukraine and the war in the Middle East, are pushing up energy prices, impacting food security, disrupting global supply chains, raising risk premia, and also diverting capital towards safer markets.","start":5035.37,"end":5068.25,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. 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These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."},{"key":"domestic-resources","label":"Domestic Resource Mobilization","description":"Several speakers stressed that countries need stronger domestic revenue systems to finance development sustainably. This included improving tax collection, widening the tax base, fighting corruption, strengthening public financial management, and tackling illicit financial flows."},{"key":"private-capital","label":"Private Capital Mobilization","description":"A recurring topic was how to unlock much larger flows of private investment for development. Speakers highlighted blended finance, guarantees, stronger project pipelines, better regulatory environments, and reforms to attract private capital into infrastructure, jobs, and productive sectors."}],"words":[{"text":"For","start":5069.45,"end":5069.61},{"text":"many","start":5069.61,"end":5069.93},{"text":"low-income","start":5069.93,"end":5070.61},{"text":"and","start":5070.61,"end":5070.81},{"text":"frontier","start":5070.81,"end":5071.29},{"text":"economies,","start":5071.29,"end":5072.09},{"text":"this","start":5072.49,"end":5072.73},{"text":"means","start":5072.73,"end":5072.97},{"text":"more","start":5072.97,"end":5073.29},{"text":"expensive","start":5073.29,"end":5073.89},{"text":"borrowing,","start":5073.89,"end":5074.57},{"text":"reduced","start":5075.29,"end":5075.85},{"text":"investor","start":5075.85,"end":5076.61},{"text":"appetite,","start":5076.61,"end":5077.37},{"text":"and","start":5077.53,"end":5077.73},{"text":"shrinking","start":5077.73,"end":5078.17},{"text":"fiscal","start":5078.17,"end":5078.57},{"text":"base","start":5078.57,"end":5078.89},{"text":"just","start":5078.89,"end":5079.21},{"text":"as","start":5079.21,"end":5079.29},{"text":"development","start":5079.33,"end":5079.93},{"text":"and","start":5079.93,"end":5080.09},{"text":"climate","start":5080.09,"end":5080.57},{"text":"needs","start":5080.57,"end":5081.05},{"text":"are","start":5081.85,"end":5082.05},{"text":"rising.","start":5082.05,"end":5082.57}]},{"text":"About the renewed global financing framework established by the Seville Conference and It has already been said here that the global ODA is in decline.","start":5084.49,"end":5098.37,"topics":[{"key":"oda-concessional","label":"Official Development Assistance and Concessional Finance","description":"The sharp decline in official development assistance was raised as a serious threat to development financing, especially for LDCs, fragile states, and vulnerable countries. 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They warned that debt service, aid cuts, and crisis responses are crowding out spending needed to close the SDG financing gap."}],"words":[{"text":"Tax","start":5189.65,"end":5189.97},{"text":"revenues","start":5189.97,"end":5190.53},{"text":"allow","start":5190.53,"end":5190.85},{"text":"countries","start":5190.85,"end":5191.49},{"text":"to","start":5191.49,"end":5191.65},{"text":"provide","start":5191.65,"end":5192.05},{"text":"necessary","start":5192.05,"end":5192.61},{"text":"public","start":5192.61,"end":5193.01},{"text":"services","start":5193.01,"end":5193.57},{"text":"such","start":5193.57,"end":5193.85},{"text":"as","start":5193.85,"end":5193.97},{"text":"education,","start":5193.97,"end":5194.77},{"text":"health","start":5194.77,"end":5195.01},{"text":"services,","start":5195.01,"end":5195.89},{"text":"and","start":5196.93,"end":5197.21},{"text":"infrastructure,","start":5197.21,"end":5198.01},{"text":"and","start":5198.01,"end":5198.13},{"text":"many","start":5198.13,"end":5198.41},{"text":"other","start":5198.41,"end":5198.61},{"text":"things","start":5198.61,"end":5199.09},{"text":"for","start":5199.17,"end":5199.41},{"text":"their","start":5199.41,"end":5199.65},{"text":"citizens.","start":5199.65,"end":5200.45}]},{"text":"I would also like to mention the importance of an indicator such as tax to GDP ratio.","start":5201.61,"end":5209.05,"topics":[{"key":"domestic-resources","label":"Domestic Resource Mobilization","description":"Several speakers stressed that countries need stronger domestic revenue systems to finance development sustainably. 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I hope that you all will consider how do we help to show that these negotiated outcomes will then be tracked and then the words that we put on a piece of paper will then turn into impact and 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lastly, I wanna talk about solidarity.","start":5693.69,"end":5695.77,"topics":[],"words":[{"text":"And","start":5693.69,"end":5693.89},{"text":"lastly,","start":5693.89,"end":5694.29},{"text":"I","start":5694.29,"end":5694.33},{"text":"wanna","start":5694.33,"end":5694.57},{"text":"talk","start":5694.57,"end":5694.73},{"text":"about","start":5694.73,"end":5694.97},{"text":"solidarity.","start":5694.97,"end":5695.77}]},{"text":"Right now in this moment, as you all have talked about, there is a dramatic breakage in trust in whether the rules of the international system that we set out 80 some odd years ago still then stand.","start":5696.49,"end":5709.69,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many statements focused on reforming the global financial system so it better reflects current economic realities and gives developing countries a stronger voice. 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they also speak up when there are violations of the international rules?","start":5776.57,"end":5780.65,"topics":[],"words":[{"text":"Will","start":5776.57,"end":5776.73},{"text":"they","start":5776.73,"end":5776.81},{"text":"also","start":5776.81,"end":5777.29},{"text":"speak","start":5777.33,"end":5777.61},{"text":"up","start":5777.61,"end":5777.85},{"text":"when","start":5778.01,"end":5778.25},{"text":"there","start":5778.25,"end":5778.37},{"text":"are","start":5778.37,"end":5778.45},{"text":"violations","start":5778.45,"end":5779.33},{"text":"of","start":5779.33,"end":5779.41},{"text":"the","start":5779.41,"end":5779.49},{"text":"international","start":5779.49,"end":5780.17},{"text":"rules?","start":5780.17,"end":5780.65}]},{"text":"Will they stand by the core tenants of the charter and make sure that the rules apply to everyone?","start":5780.97,"end":5785.85,"topics":[],"words":[{"text":"Will","start":5780.97,"end":5781.13},{"text":"they","start":5781.13,"end":5781.25},{"text":"stand","start":5781.25,"end":5781.61},{"text":"by","start":5781.61,"end":5782.01},{"text":"the","start":5782.25,"end":5782.33},{"text":"core","start":5782.33,"end":5782.65},{"text":"tenants","start":5782.65,"end":5782.97},{"text":"of","start":5782.97,"end":5783.05},{"text":"the","start":5783.05,"end":5783.13},{"text":"charter","start":5783.13,"end":5783.65},{"text":"and","start":5783.65,"end":5783.77},{"text":"make","start":5783.77,"end":5784.01},{"text":"sure","start":5784.01,"end":5784.33},{"text":"that","start":5784.33,"end":5784.45},{"text":"the","start":5784.45,"end":5784.57},{"text":"rules","start":5784.57,"end":5784.89},{"text":"apply","start":5784.89,"end":5785.21},{"text":"to","start":5785.21,"end":5785.41},{"text":"everyone?","start":5785.41,"end":5785.85}]},{"text":"That is a core tenant of 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now give the floor to the distinguished representative of Mexico, to be followed by a representative of civil 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have the floor.","start":5925.73,"end":5926.45,"topics":[],"words":[{"text":"You","start":5925.73,"end":5925.85},{"text":"have","start":5925.85,"end":5926.05},{"text":"the","start":5926.05,"end":5926.13},{"text":"floor.","start":5926.13,"end":5926.45}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC","affiliation_full":"ECOSOC","group":null,"function":"President of ECOSOC"}},{"statement_number":28,"start":5936.85,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=5937","paragraphs":[{"sentences":[{"text":"Distinguished colleagues, the global economic outlook for 2026-27, as is reflected in the report on financing for sustainable development, is marked by a recurrent theme, uncertainty.","start":5936.85,"end":5950.77,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"Distinguished","start":5936.85,"end":5937.45},{"text":"colleagues,","start":5937.45,"end":5938.29},{"text":"the","start":5939.17,"end":5939.37},{"text":"global","start":5939.49,"end":5939.97},{"text":"economic","start":5939.97,"end":5940.61},{"text":"outlook","start":5940.61,"end":5941.17},{"text":"for","start":5941.17,"end":5941.45},{"text":"2026-27,","start":5941.45,"end":5943.33},{"text":"as","start":5943.33,"end":5943.57},{"text":"is","start":5943.57,"end":5943.65},{"text":"reflected","start":5943.65,"end":5944.29},{"text":"in","start":5944.29,"end":5944.45},{"text":"the","start":5944.45,"end":5944.61},{"text":"report","start":5944.61,"end":5945.01},{"text":"on","start":5945.01,"end":5945.17},{"text":"financing","start":5945.17,"end":5945.89},{"text":"for","start":5945.89,"end":5946.13},{"text":"sustainable","start":5946.13,"end":5946.57},{"text":"development,","start":5946.57,"end":5947.25},{"text":"is","start":5947.73,"end":5947.97},{"text":"marked","start":5947.97,"end":5948.37},{"text":"by","start":5948.37,"end":5948.49},{"text":"a","start":5948.49,"end":5948.53},{"text":"recurrent","start":5948.53,"end":5949.17},{"text":"theme,","start":5949.17,"end":5949.65},{"text":"uncertainty.","start":5949.73,"end":5950.77}]},{"text":"It is no coincidence that the report repeatedly refers to uncertainty and in addition to weaker growth, harder financial conditions and increased debt burdens.","start":5951.97,"end":5967.17,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."},{"key":"debt-architecture","label":"Debt Sustainability and Relief","description":"A major theme was the rising debt burden on developing countries and the need for a more development-oriented debt system. Speakers called for debt relief, better restructuring mechanisms, debt pause clauses, debt swaps, and stronger representation for borrowers in global debt 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are not all isolated risks.","start":5967.65,"end":5970.37,"topics":[],"words":[{"text":"These","start":5967.65,"end":5967.93},{"text":"are","start":5967.93,"end":5968.01},{"text":"not","start":5968.01,"end":5968.37},{"text":"all","start":5968.37,"end":5968.77},{"text":"isolated","start":5968.77,"end":5969.57},{"text":"risks.","start":5969.57,"end":5970.37}]},{"text":"We're not talking about cyclical disruptions.","start":5970.53,"end":5972.93,"topics":[],"words":[{"text":"We're","start":5970.53,"end":5970.73},{"text":"not","start":5970.73,"end":5970.93},{"text":"talking","start":5970.93,"end":5971.21},{"text":"about","start":5971.21,"end":5971.49},{"text":"cyclical","start":5971.49,"end":5972.13},{"text":"disruptions.","start":5972.13,"end":5972.93}]},{"text":"These are structural weaknesses that are affecting our global economic prospects.","start":5972.93,"end":5979.85,"topics":[],"words":[{"text":"These","start":5972.93,"end":5973.33},{"text":"are","start":5973.33,"end":5973.53},{"text":"structural","start":5973.53,"end":5974.61},{"text":"weaknesses","start":5975.37,"end":5976.25},{"text":"that","start":5976.25,"end":5976.41},{"text":"are","start":5976.41,"end":5976.57},{"text":"affecting","start":5976.57,"end":5977.37},{"text":"our","start":5977.37,"end":5977.77},{"text":"global","start":5977.77,"end":5978.25},{"text":"economic","start":5978.25,"end":5978.73},{"text":"prospects.","start":5978.89,"end":5979.85}]},{"text":"In this context, the challenge that we are facing is not just responding to this, but rather responding 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fulfill our existing commitments, but we also need to avoid them being watered down.","start":5997.21,"end":6003.93,"topics":[],"words":[{"text":"We","start":5997.21,"end":5997.37},{"text":"need","start":5997.37,"end":5997.65},{"text":"to","start":5997.65,"end":5998.01},{"text":"fulfill","start":5998.01,"end":5998.73},{"text":"our","start":5998.73,"end":5998.89},{"text":"existing","start":5998.89,"end":5999.61},{"text":"commitments,","start":5999.61,"end":6000.33},{"text":"but","start":6000.33,"end":6000.49},{"text":"we","start":6000.49,"end":6000.65},{"text":"also","start":6000.65,"end":6001.01},{"text":"need","start":6001.01,"end":6001.21},{"text":"to","start":6001.21,"end":6001.37},{"text":"avoid","start":6001.37,"end":6001.73},{"text":"them","start":6001.73,"end":6001.93},{"text":"being","start":6001.93,"end":6002.25},{"text":"watered","start":6002.25,"end":6003.57},{"text":"down.","start":6003.57,"end":6003.93}]},{"text":"The civil commitment should be maintained as an instrument 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credibility of multilateralism hinges on our ability to translate agreements into tangible results.","start":6017.13,"end":6024.01,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many statements focused on reforming the global financial system so it better reflects current economic realities and gives developing countries a stronger voice. 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we read it is in our statement during the Seville FFD conference, we translated the Spanish Compromiso de Sevilla as the Seville 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conclusion, if the promising ambitions of the financing for development process are to be kept alive, we must return to its original purpose, addressing systemic inequities, rebuilding trust in multilateralism, and strengthening the very foundations upon which global cooperation depends.","start":6280.37,"end":6298.49,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many statements focused on reforming the global financial system so it better reflects current economic realities and gives developing countries a stronger voice. 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less risks reducing it to a ritual exercise, treating the symptoms while ignoring the cause.","start":6299.17,"end":6308.37,"topics":[],"words":[{"text":"Anything","start":6299.17,"end":6299.65},{"text":"less","start":6299.65,"end":6299.97},{"text":"risks","start":6299.97,"end":6300.29},{"text":"reducing","start":6300.29,"end":6300.93},{"text":"it","start":6301.57,"end":6301.77},{"text":"to","start":6301.77,"end":6301.85},{"text":"a","start":6301.97,"end":6302.01},{"text":"ritual","start":6302.01,"end":6302.41},{"text":"exercise,","start":6302.41,"end":6303.09},{"text":"treating","start":6303.41,"end":6305.73},{"text":"the","start":6305.73,"end":6305.85},{"text":"symptoms","start":6305.85,"end":6306.53},{"text":"while","start":6307.13,"end":6307.41},{"text":"ignoring","start":6307.41,"end":6307.89},{"text":"the","start":6307.89,"end":6308.01},{"text":"cause.","start":6308.01,"end":6308.37}]},{"text":"Thank you very 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Speakers called for debt relief, better restructuring mechanisms, debt pause clauses, debt swaps, and stronger representation for borrowers in global debt governance."}],"words":[{"text":"rollover","start":6530.97,"end":6531.37},{"text":"risks","start":6531.37,"end":6531.81},{"text":"and","start":6531.81,"end":6532.05},{"text":"sharply","start":6532.05,"end":6532.37},{"text":"constrained","start":6532.37,"end":6532.97},{"text":"fiscal","start":6532.97,"end":6533.33},{"text":"space.","start":6533.33,"end":6533.81}]},{"text":"The LDCs bilateral ODA remains macro critical averaging about 15% of government revenues.","start":6534.45,"end":6542.05,"topics":[{"key":"oda-concessional","label":"Official Development Assistance and Concessional Finance","description":"The sharp decline in official development assistance was raised as a serious threat to development financing, especially for LDCs, fragile states, and vulnerable countries. Speakers also emphasized the need to protect and better target concessional finance where it is most needed."}],"words":[{"text":"The","start":6534.45,"end":6534.81},{"text":"LDCs","start":6534.81,"end":6535.57},{"text":"bilateral","start":6535.57,"end":6536.17},{"text":"ODA","start":6536.17,"end":6536.53},{"text":"remains","start":6536.53,"end":6537.17},{"text":"macro","start":6538.21,"end":6538.65},{"text":"critical","start":6538.65,"end":6539.33},{"text":"averaging","start":6539.33,"end":6539.89},{"text":"about","start":6539.89,"end":6540.93},{"text":"15%","start":6540.93,"end":6540.97},{"text":"of","start":6540.97,"end":6541.09},{"text":"government","start":6541.09,"end":6541.45},{"text":"revenues.","start":6541.45,"end":6542.05}]},{"text":"On the first guiding question from the report, I want to underscore that the current global economic trends are severely deteriorating.","start":6543.33,"end":6551.25,"topics":[{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"On","start":6543.33,"end":6543.57},{"text":"the","start":6543.57,"end":6543.69},{"text":"first","start":6543.81,"end":6544.29},{"text":"guiding","start":6544.29,"end":6544.61},{"text":"question","start":6544.61,"end":6545.09},{"text":"from","start":6545.09,"end":6545.29},{"text":"the","start":6545.29,"end":6545.37},{"text":"report,","start":6545.37,"end":6545.89},{"text":"I","start":6546.13,"end":6546.29},{"text":"want","start":6546.29,"end":6546.57},{"text":"to","start":6546.57,"end":6546.69},{"text":"underscore","start":6546.69,"end":6547.25},{"text":"that","start":6547.25,"end":6547.41},{"text":"the","start":6547.41,"end":6547.53},{"text":"current","start":6547.53,"end":6547.93},{"text":"global","start":6547.93,"end":6548.33},{"text":"economic","start":6548.33,"end":6548.85},{"text":"trends","start":6548.85,"end":6549.25},{"text":"are","start":6549.33,"end":6549.41},{"text":"severely","start":6549.41,"end":6550.21},{"text":"deteriorating.","start":6550.21,"end":6551.25}]},{"text":"The financing outlook for the poorest countries compounding existing vulnerabilities and sharply limited their ability to meet critical development needs.","start":6551.97,"end":6561.17,"topics":[{"key":"social-investment","label":"Social Spending and SDG Financing","description":"Participants linked financing for development directly to people-centered investment in health, education, social protection, jobs, and essential infrastructure. They warned that debt service, aid cuts, and crisis responses are crowding out spending needed to close the SDG financing gap."}],"words":[{"text":"The","start":6551.97,"end":6552.13},{"text":"financing","start":6552.13,"end":6552.93},{"text":"outlook","start":6552.93,"end":6553.41},{"text":"for","start":6553.41,"end":6553.65},{"text":"the","start":6553.81,"end":6553.93},{"text":"poorest","start":6553.93,"end":6554.41},{"text":"countries","start":6554.41,"end":6555.01},{"text":"compounding","start":6555.01,"end":6555.57},{"text":"existing","start":6555.57,"end":6556.05},{"text":"vulnerabilities","start":6556.05,"end":6556.93},{"text":"and","start":6556.93,"end":6557.13},{"text":"sharply","start":6557.13,"end":6557.45},{"text":"limited","start":6557.45,"end":6557.85},{"text":"their","start":6557.85,"end":6558.05},{"text":"ability","start":6558.05,"end":6558.69},{"text":"to","start":6558.69,"end":6558.85},{"text":"meet","start":6558.85,"end":6559.17},{"text":"critical","start":6559.17,"end":6559.61},{"text":"development","start":6559.61,"end":6560.29},{"text":"needs.","start":6560.77,"end":6561.17}]},{"text":"The FSDR shows that debt service on external debt reached 20-year high limits in many developing countries.","start":6561.57,"end":6568.93,"topics":[{"key":"debt-architecture","label":"Debt Sustainability and Relief","description":"A major theme was the rising debt burden on developing countries and the need for a more development-oriented debt system. 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These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."}],"words":[{"text":"This","start":6761.69,"end":6761.85},{"text":"transformation","start":6761.85,"end":6762.65},{"text":"is","start":6762.65,"end":6762.81},{"text":"urgent","start":6762.81,"end":6763.41},{"text":"as","start":6763.41,"end":6763.53},{"text":"the","start":6763.57,"end":6763.65},{"text":"ongoing","start":6763.65,"end":6764.17},{"text":"war","start":6764.17,"end":6764.49},{"text":"and","start":6764.49,"end":6764.69},{"text":"its","start":6764.69,"end":6764.85},{"text":"economy","start":6764.85,"end":6765.37},{"text":"have","start":6765.53,"end":6765.77},{"text":"detrimental","start":6765.77,"end":6766.41},{"text":"effects","start":6766.41,"end":6766.89},{"text":"on","start":6766.89,"end":6766.97},{"text":"the","start":6766.97,"end":6767.09},{"text":"people","start":6767.09,"end":6767.45},{"text":"and","start":6767.45,"end":6767.69},{"text":"the","start":6767.69,"end":6767.77},{"text":"planet,","start":6767.77,"end":6768.33},{"text":"disproportionately","start":6768.69,"end":6769.65},{"text":"impacting","start":6769.65,"end":6770.29},{"text":"the","start":6770.29,"end":6770.41},{"text":"rights","start":6770.41,"end":6770.73},{"text":"of","start":6770.73,"end":6770.81},{"text":"women,","start":6770.81,"end":6771.37},{"text":"girls","start":6771.53,"end":6772.01},{"text":"and","start":6772.01,"end":6772.21},{"text":"gender","start":6772.21,"end":6772.49},{"text":"diverse","start":6772.49,"end":6772.89},{"text":"people,","start":6773.29,"end":6773.69},{"text":"particularly","start":6773.69,"end":6774.41},{"text":"in","start":6774.41,"end":6774.57},{"text":"the","start":6774.57,"end":6774.65},{"text":"global","start":6774.65,"end":6774.97},{"text":"south.","start":6774.97,"end":6775.25}]},{"text":"We cannot accept a business as usual approach.","start":6775.93,"end":6778.49,"topics":[],"words":[{"text":"We","start":6775.93,"end":6776.13},{"text":"cannot","start":6776.13,"end":6776.49},{"text":"accept","start":6776.49,"end":6776.97},{"text":"a","start":6776.97,"end":6777.05},{"text":"business","start":6777.05,"end":6777.45},{"text":"as","start":6777.45,"end":6777.61},{"text":"usual","start":6777.61,"end":6777.93},{"text":"approach.","start":6777.93,"end":6778.49}]},{"text":"We recommend the following transformative actions.","start":6778.49,"end":6781.13,"topics":[],"words":[{"text":"We","start":6778.49,"end":6778.73},{"text":"recommend","start":6778.73,"end":6779.25},{"text":"the","start":6779.25,"end":6779.33},{"text":"following","start":6779.33,"end":6779.69},{"text":"transformative","start":6779.69,"end":6780.49},{"text":"actions.","start":6780.49,"end":6781.13}]},{"text":"Defund wars and prioritize public investment in essential services such as health, including universal access to sexual and reproductive health and rights services, education, and the social organization of care as foundational responsibilities for achieving gender equality and sustainable development.","start":6781.57,"end":6798.21,"topics":[{"key":"social-investment","label":"Social Spending and SDG Financing","description":"Participants linked financing for development directly to people-centered investment in health, education, social protection, jobs, and essential infrastructure. 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the $4 trillion annual SDG financing gap mentioned in paragraph six of the outcome document remains unmet.","start":7063.85,"end":7070.81,"topics":[{"key":"social-investment","label":"Social Spending and SDG Financing","description":"Participants linked financing for development directly to people-centered investment in health, education, social protection, jobs, and essential infrastructure. 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FFD5.","start":7422.01,"end":7424.41,"topics":[],"words":[{"text":"And","start":7422.01,"end":7422.13},{"text":"we","start":7422.13,"end":7422.21},{"text":"don't","start":7422.21,"end":7422.53},{"text":"have","start":7422.53,"end":7422.73},{"text":"to","start":7422.73,"end":7422.85},{"text":"wait","start":7422.85,"end":7423.13},{"text":"for","start":7423.13,"end":7423.29},{"text":"the","start":7423.29,"end":7423.41},{"text":"FFD5.","start":7423.45,"end":7424.41}]},{"text":"All the ingredients are already in the FFD4, in the severe commitments.","start":7424.97,"end":7429.05,"topics":[],"words":[{"text":"All","start":7424.97,"end":7425.21},{"text":"the","start":7425.21,"end":7425.33},{"text":"ingredients","start":7425.33,"end":7426.01},{"text":"are","start":7426.01,"end":7426.13},{"text":"already","start":7426.13,"end":7426.73},{"text":"in","start":7426.73,"end":7426.89},{"text":"the","start":7426.89,"end":7426.97},{"text":"FFD4,","start":7426.97,"end":7427.69},{"text":"in","start":7427.69,"end":7427.85},{"text":"the","start":7427.85,"end":7427.93},{"text":"severe","start":7427.93,"end":7428.25},{"text":"commitments.","start":7428.25,"end":7429.05}]},{"text":"All we want is just make sure that we implement it and implement it together in a coordinated manner.","start":7429.37,"end":7434.25,"topics":[],"words":[{"text":"All","start":7429.37,"end":7429.49},{"text":"we","start":7429.49,"end":7429.61},{"text":"want","start":7429.77,"end":7430.13},{"text":"is","start":7430.13,"end":7430.33},{"text":"just","start":7430.33,"end":7430.57},{"text":"make","start":7430.57,"end":7430.81},{"text":"sure","start":7430.81,"end":7431.05},{"text":"that","start":7431.05,"end":7431.29},{"text":"we","start":7431.29,"end":7431.41},{"text":"implement","start":7431.41,"end":7431.97},{"text":"it","start":7431.97,"end":7432.13},{"text":"and","start":7432.13,"end":7432.25},{"text":"implement","start":7432.25,"end":7432.73},{"text":"it","start":7432.73,"end":7432.85},{"text":"together","start":7432.85,"end":7433.25},{"text":"in","start":7433.25,"end":7433.37},{"text":"a","start":7433.37,"end":7433.41},{"text":"coordinated","start":7433.41,"end":7433.93},{"text":"manner.","start":7433.93,"end":7434.25}]},{"text":"So I really, once again, thank everybody who have contributed.","start":7434.57,"end":7438.25,"topics":[],"words":[{"text":"So","start":7434.57,"end":7434.89},{"text":"I","start":7434.89,"end":7434.97},{"text":"really,","start":7434.97,"end":7435.45},{"text":"once","start":7435.53,"end":7435.81},{"text":"again,","start":7435.81,"end":7436.17},{"text":"thank","start":7436.17,"end":7436.57},{"text":"everybody","start":7436.65,"end":7437.21},{"text":"who","start":7437.21,"end":7437.37},{"text":"have","start":7437.37,"end":7437.53},{"text":"contributed.","start":7437.53,"end":7438.25}]},{"text":"But before I conclude, of course, I want to make sure that we hear from our panelists.","start":7445.77,"end":7450.73,"topics":[],"words":[{"text":"But","start":7445.77,"end":7446.01},{"text":"before","start":7446.01,"end":7446.37},{"text":"I","start":7446.37,"end":7446.41},{"text":"conclude,","start":7446.41,"end":7446.85},{"text":"of","start":7446.85,"end":7446.97},{"text":"course,","start":7446.97,"end":7447.37},{"text":"I","start":7448.33,"end":7448.49},{"text":"want","start":7448.49,"end":7448.69},{"text":"to","start":7448.69,"end":7448.77},{"text":"make","start":7448.77,"end":7448.89},{"text":"sure","start":7448.89,"end":7449.05},{"text":"that","start":7449.05,"end":7449.29},{"text":"we","start":7449.29,"end":7449.57},{"text":"hear","start":7449.57,"end":7449.81},{"text":"from","start":7449.81,"end":7450.09},{"text":"our","start":7450.09,"end":7450.17},{"text":"panelists.","start":7450.17,"end":7450.73}]},{"text":"who have been listening to you and they wanted just to make sure that they can give us their take.","start":7451.37,"end":7456.89,"topics":[],"words":[{"text":"who","start":7451.37,"end":7451.61},{"text":"have","start":7451.61,"end":7451.73},{"text":"been","start":7451.73,"end":7451.93},{"text":"listening","start":7451.93,"end":7452.33},{"text":"to","start":7452.33,"end":7452.45},{"text":"you","start":7452.45,"end":7452.65},{"text":"and","start":7453.33,"end":7453.61},{"text":"they","start":7453.77,"end":7453.85},{"text":"wanted","start":7453.85,"end":7454.17},{"text":"just","start":7454.17,"end":7454.37},{"text":"to","start":7454.37,"end":7454.57},{"text":"make","start":7454.65,"end":7454.89},{"text":"sure","start":7454.89,"end":7455.05},{"text":"that","start":7455.05,"end":7455.21},{"text":"they","start":7455.21,"end":7455.33},{"text":"can","start":7455.33,"end":7455.61},{"text":"give","start":7455.93,"end":7456.17},{"text":"us","start":7456.17,"end":7456.33},{"text":"their","start":7456.33,"end":7456.49},{"text":"take.","start":7456.49,"end":7456.89}]},{"text":"Let me start from my left.","start":7457.61,"end":7460.21,"topics":[],"words":[{"text":"Let","start":7457.61,"end":7457.77},{"text":"me","start":7457.77,"end":7457.89},{"text":"start","start":7457.89,"end":7458.17},{"text":"from","start":7458.17,"end":7458.49},{"text":"my","start":7459.45,"end":7459.69},{"text":"left.","start":7459.93,"end":7460.21}]}]}],"speaker":{"name":"Kleber Gatete","affiliation":"ECA","affiliation_full":"ECA","group":null,"function":"Executive Secretary"}},{"statement_number":43,"start":7467.51,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=7468","paragraphs":[{"sentences":[{"text":"Thank you, moderator.","start":7467.51,"end":7469.03,"topics":[],"words":[{"text":"Thank","start":7467.51,"end":7467.75},{"text":"you,","start":7467.75,"end":7467.91},{"text":"moderator.","start":7468.23,"end":7469.03}]},{"text":"It's been a very, very rich discussion, therefore very difficult to add anything that has not yet been said.","start":7469.03,"end":7480.07,"topics":[],"words":[{"text":"It's","start":7469.03,"end":7469.59},{"text":"been","start":7469.59,"end":7469.75},{"text":"a","start":7469.75,"end":7469.79},{"text":"very,","start":7469.79,"end":7470.15},{"text":"very","start":7470.15,"end":7470.47},{"text":"rich","start":7470.47,"end":7471.11},{"text":"discussion,","start":7471.27,"end":7472.31},{"text":"therefore","start":7473.99,"end":7474.43},{"text":"very","start":7474.43,"end":7474.71},{"text":"difficult","start":7474.71,"end":7475.43},{"text":"to","start":7476.15,"end":7476.31},{"text":"add","start":7476.55,"end":7476.87},{"text":"anything","start":7476.95,"end":7477.35},{"text":"that","start":7477.35,"end":7477.59},{"text":"has","start":7477.59,"end":7477.83},{"text":"not","start":7477.83,"end":7478.23},{"text":"yet","start":7478.87,"end":7479.27},{"text":"been","start":7479.27,"end":7479.59},{"text":"said.","start":7479.59,"end":7480.07}]},{"text":"I hear the voices and concerns on the declining global ODA, and it is true that we need to work to reverse this trend.","start":7481.19,"end":7495.65,"topics":[{"key":"oda-concessional","label":"Official Development Assistance and Concessional Finance","description":"The sharp decline in official development assistance was raised as a serious threat to development financing, especially for LDCs, fragile states, and vulnerable countries. 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Norway.","start":7588.97,"end":7591.85,"topics":[],"words":[{"text":"Let's","start":7588.97,"end":7589.37},{"text":"now","start":7589.37,"end":7589.61},{"text":"hear","start":7589.77,"end":7590.09},{"text":"from","start":7590.09,"end":7590.49},{"text":"our","start":7590.53,"end":7590.65},{"text":"minister","start":7590.81,"end":7591.21},{"text":"from","start":7591.21,"end":7591.45},{"text":"Norway.","start":7591.45,"end":7591.85}]}]}],"speaker":{"name":"Kleber Gatete","affiliation":"ECA","affiliation_full":"ECA","group":null,"function":"Executive Secretary"}},{"statement_number":45,"start":7594.33,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=7595","paragraphs":[{"sentences":[{"text":"Thank you so much.","start":7594.33,"end":7595.37,"topics":[],"words":[{"text":"Thank","start":7594.33,"end":7594.57},{"text":"you","start":7594.57,"end":7594.69},{"text":"so","start":7594.69,"end":7594.89},{"text":"much.","start":7594.89,"end":7595.37}]},{"text":"I think what today's session kind of sums up is that we are in a multitude of crisis.","start":7596.25,"end":7601.93,"topics":[],"words":[{"text":"I","start":7596.25,"end":7596.33},{"text":"think","start":7596.37,"end":7596.61},{"text":"what","start":7596.61,"end":7597.13},{"text":"today's","start":7597.37,"end":7598.05},{"text":"session","start":7598.05,"end":7598.41},{"text":"kind","start":7598.41,"end":7598.69},{"text":"of","start":7598.69,"end":7598.77},{"text":"sums","start":7598.77,"end":7599.21},{"text":"up","start":7599.21,"end":7599.45},{"text":"is","start":7599.69,"end":7599.93},{"text":"that","start":7599.93,"end":7600.17},{"text":"we","start":7600.17,"end":7600.33},{"text":"are","start":7600.33,"end":7600.49},{"text":"in","start":7600.49,"end":7600.57},{"text":"a","start":7600.57,"end":7600.65},{"text":"multitude","start":7600.65,"end":7601.17},{"text":"of","start":7601.17,"end":7601.25},{"text":"crisis.","start":7601.25,"end":7601.93}]},{"text":"We have a financial crisis, we have a political crisis, but we also have a crisis of trust.","start":7602.41,"end":7608.81,"topics":[],"words":[{"text":"We","start":7602.41,"end":7602.61},{"text":"have","start":7602.61,"end":7602.89},{"text":"a","start":7603.21,"end":7603.29},{"text":"financial","start":7603.69,"end":7604.25},{"text":"crisis,","start":7604.25,"end":7604.81},{"text":"we","start":7604.89,"end":7605.09},{"text":"have","start":7605.09,"end":7605.29},{"text":"a","start":7605.29,"end":7605.37},{"text":"political","start":7605.37,"end":7605.85},{"text":"crisis,","start":7605.85,"end":7606.33},{"text":"but","start":7606.33,"end":7606.49},{"text":"we","start":7606.49,"end":7606.57},{"text":"also","start":7606.57,"end":7606.77},{"text":"have","start":7606.77,"end":7606.93},{"text":"a","start":7606.93,"end":7606.97},{"text":"crisis","start":7606.97,"end":7607.53},{"text":"of","start":7607.77,"end":7608.09},{"text":"trust.","start":7608.09,"end":7608.81}]},{"text":"On the political, on the financial side, I think we have heard that Domestic 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like to highlight the work of DESA and other agencies who are helping us to do that.","start":8011.49,"end":8016.37,"topics":[],"words":[{"text":"I'd","start":8011.49,"end":8011.69},{"text":"like","start":8011.69,"end":8011.85},{"text":"to","start":8011.85,"end":8011.93},{"text":"highlight","start":8011.93,"end":8012.29},{"text":"the","start":8012.29,"end":8012.45},{"text":"work","start":8012.45,"end":8012.85},{"text":"of","start":8012.89,"end":8013.09},{"text":"DESA","start":8013.09,"end":8013.61},{"text":"and","start":8013.61,"end":8013.89},{"text":"other","start":8013.89,"end":8014.21},{"text":"agencies","start":8014.21,"end":8014.81},{"text":"who","start":8014.81,"end":8014.93},{"text":"are","start":8014.93,"end":8015.01},{"text":"helping","start":8015.01,"end":8015.49},{"text":"us","start":8015.49,"end":8015.65},{"text":"to","start":8015.65,"end":8015.81},{"text":"do","start":8015.81,"end":8016.05},{"text":"that.","start":8016.05,"end":8016.37}]},{"text":"That allows us to assess the results.","start":8016.69,"end":8019.49,"topics":[],"words":[{"text":"That","start":8016.69,"end":8017.09},{"text":"allows","start":8017.09,"end":8017.49},{"text":"us","start":8017.49,"end":8017.65},{"text":"to","start":8017.65,"end":8017.89},{"text":"assess","start":8017.97,"end":8018.77},{"text":"the","start":8018.77,"end":8018.89},{"text":"results.","start":8018.89,"end":8019.49}]},{"text":"It's a qualitative step forward from Addis Ababa to Seville.","start":8019.77,"end":8024.61,"topics":[],"words":[{"text":"It's","start":8019.77,"end":8020.05},{"text":"a","start":8020.05,"end":8020.13},{"text":"qualitative","start":8020.13,"end":8021.01},{"text":"step","start":8021.01,"end":8021.41},{"text":"forward","start":8021.41,"end":8021.89},{"text":"from","start":8021.89,"end":8022.13},{"text":"Addis","start":8022.13,"end":8022.53},{"text":"Ababa","start":8022.53,"end":8023.01},{"text":"to","start":8023.41,"end":8023.89},{"text":"Seville.","start":8023.89,"end":8024.61}]},{"text":"It's important for us to take stock of what we've done and to assess what we've achieved.","start":8024.85,"end":8030.21,"topics":[],"words":[{"text":"It's","start":8024.85,"end":8025.09},{"text":"important","start":8025.09,"end":8025.53},{"text":"for","start":8025.53,"end":8025.65},{"text":"us","start":8025.65,"end":8025.81},{"text":"to","start":8025.81,"end":8026.05},{"text":"take","start":8026.13,"end":8026.69},{"text":"stock","start":8026.69,"end":8027.09},{"text":"of","start":8027.09,"end":8027.17},{"text":"what","start":8027.17,"end":8027.41},{"text":"we've","start":8027.41,"end":8027.57},{"text":"done","start":8027.57,"end":8027.77},{"text":"and","start":8027.77,"end":8027.93},{"text":"to","start":8027.93,"end":8028.01},{"text":"assess","start":8028.01,"end":8028.53},{"text":"what","start":8028.85,"end":8029.33},{"text":"we've","start":8029.33,"end":8029.61},{"text":"achieved.","start":8029.61,"end":8030.21}]},{"text":"And lastly, progress is no 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This included improving tax collection, widening the tax base, fighting corruption, strengthening public financial management, and tackling illicit financial flows."}],"words":[{"text":"We","start":8089.73,"end":8089.77},{"text":"need","start":8089.77,"end":8089.97},{"text":"a","start":8089.97,"end":8090.05},{"text":"new","start":8090.05,"end":8090.37},{"text":"global","start":8090.53,"end":8091.01},{"text":"financial","start":8091.01,"end":8091.57},{"text":"architecture,","start":8091.57,"end":8092.29},{"text":"domestic","start":8092.69,"end":8093.17},{"text":"resource","start":8093.17,"end":8093.53},{"text":"mobilization,","start":8093.53,"end":8094.21},{"text":"I","start":8094.21,"end":8094.29},{"text":"keep","start":8094.29,"end":8094.53},{"text":"repeating","start":8094.53,"end":8095.09},{"text":"it.","start":8095.09,"end":8095.41}]},{"text":"And of course, what it means is that let us all together implement the FFD4 or the severe recommendations, which are very 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hopefully when we meet next year, we'll see the progress coming in.","start":8105.17,"end":8108.61,"topics":[],"words":[{"text":"And","start":8105.17,"end":8105.45},{"text":"hopefully","start":8105.45,"end":8105.81},{"text":"when","start":8105.81,"end":8106.05},{"text":"we","start":8106.05,"end":8106.13},{"text":"meet","start":8106.13,"end":8106.29},{"text":"next","start":8106.29,"end":8106.65},{"text":"year,","start":8106.65,"end":8106.93},{"text":"we'll","start":8107.17,"end":8107.45},{"text":"see","start":8107.45,"end":8107.53},{"text":"the","start":8107.53,"end":8107.65},{"text":"progress","start":8107.65,"end":8108.13},{"text":"coming","start":8108.13,"end":8108.45},{"text":"in.","start":8108.45,"end":8108.61}]},{"text":"So I really wanted to thank everybody who came here, and I wanted to thank the civil society, the government again, and our colleagues who are here.","start":8109.13,"end":8116.85,"topics":[],"words":[{"text":"So","start":8109.13,"end":8109.21},{"text":"I","start":8109.21,"end":8109.37},{"text":"really","start":8109.37,"end":8109.53},{"text":"wanted","start":8109.53,"end":8109.81},{"text":"to","start":8109.81,"end":8109.89},{"text":"thank","start":8109.93,"end":8110.25},{"text":"everybody","start":8110.25,"end":8110.97},{"text":"who","start":8110.97,"end":8111.13},{"text":"came","start":8111.13,"end":8111.45},{"text":"here,","start":8111.45,"end":8111.77},{"text":"and","start":8112.13,"end":8112.29},{"text":"I","start":8112.29,"end":8112.33},{"text":"wanted","start":8112.33,"end":8112.65},{"text":"to","start":8112.65,"end":8112.73},{"text":"thank","start":8112.73,"end":8113.05},{"text":"the","start":8113.13,"end":8113.33},{"text":"civil","start":8113.37,"end":8113.65},{"text":"society,","start":8113.65,"end":8114.25},{"text":"the","start":8114.25,"end":8114.37},{"text":"government","start":8114.37,"end":8114.89},{"text":"again,","start":8114.89,"end":8115.37},{"text":"and","start":8115.61,"end":8115.85},{"text":"our","start":8115.89,"end":8115.97},{"text":"colleagues","start":8115.97,"end":8116.37},{"text":"who","start":8116.37,"end":8116.49},{"text":"are","start":8116.49,"end":8116.57},{"text":"here.","start":8116.57,"end":8116.85}]},{"text":"And now over back to the chair.","start":8116.85,"end":8118.89,"topics":[],"words":[{"text":"And","start":8116.85,"end":8116.97},{"text":"now","start":8117.21,"end":8117.45},{"text":"over","start":8117.45,"end":8117.85},{"text":"back","start":8117.85,"end":8118.09},{"text":"to","start":8118.09,"end":8118.33},{"text":"the","start":8118.33,"end":8118.53},{"text":"chair.","start":8118.57,"end":8118.89}]},{"text":"Thank you so much.","start":8119.05,"end":8119.77,"topics":[],"words":[{"text":"Thank","start":8119.05,"end":8119.25},{"text":"you","start":8119.25,"end":8119.33},{"text":"so","start":8119.33,"end":8119.45},{"text":"much.","start":8119.45,"end":8119.77}]}]}],"speaker":{"name":"Kleber Gatete","affiliation":"ECA","affiliation_full":"ECA","group":null,"function":"Executive Secretary"}},{"statement_number":51,"start":8120.89,"pageUrl":"/fr/asset/k1w/k1wdu1dgsx?lang=en&t=8121","paragraphs":[{"sentences":[{"text":"I thank Mr. Gatete for expertly guiding the discussion.","start":8120.89,"end":8124.33,"topics":[],"words":[{"text":"I","start":8120.89,"end":8121.05},{"text":"thank","start":8121.05,"end":8121.29},{"text":"Mr.","start":8121.29,"end":8121.61},{"text":"Gatete","start":8121.61,"end":8122.05},{"text":"for","start":8122.09,"end":8122.41},{"text":"expertly","start":8122.41,"end":8122.97},{"text":"guiding","start":8122.97,"end":8123.45},{"text":"the","start":8123.45,"end":8123.57},{"text":"discussion.","start":8123.57,"end":8124.33}]},{"text":"I also thank our distinguished panelists for their substantive contributions and delegations for participating in a productive exchange of views.","start":8124.33,"end":8133.77,"topics":[],"words":[{"text":"I","start":8124.33,"end":8124.57},{"text":"also","start":8124.57,"end":8125.29},{"text":"thank","start":8125.29,"end":8125.77},{"text":"our","start":8125.93,"end":8126.13},{"text":"distinguished","start":8126.13,"end":8126.73},{"text":"panelists","start":8126.73,"end":8127.37},{"text":"for","start":8127.37,"end":8127.69},{"text":"their","start":8127.69,"end":8127.85},{"text":"substantive","start":8127.85,"end":8128.49},{"text":"contributions","start":8128.49,"end":8129.45},{"text":"and","start":8129.49,"end":8129.73},{"text":"delegations","start":8129.73,"end":8130.41},{"text":"for","start":8130.41,"end":8130.57},{"text":"participating","start":8130.57,"end":8131.53},{"text":"in","start":8131.77,"end":8131.93},{"text":"a","start":8131.93,"end":8132.01},{"text":"productive","start":8132.01,"end":8132.65},{"text":"exchange","start":8132.65,"end":8133.13},{"text":"of","start":8133.13,"end":8133.25},{"text":"views.","start":8133.29,"end":8133.77}]},{"text":"We have thus to the end of this morning meeting.","start":8134.41,"end":8137.81,"topics":[],"words":[{"text":"We","start":8134.41,"end":8134.53},{"text":"have","start":8134.53,"end":8134.73},{"text":"thus","start":8134.73,"end":8135.05},{"text":"to","start":8135.97,"end":8136.05},{"text":"the","start":8136.05,"end":8136.17},{"text":"end","start":8136.21,"end":8136.53},{"text":"of","start":8136.53,"end":8136.73},{"text":"this","start":8136.73,"end":8136.93},{"text":"morning","start":8136.93,"end":8137.25},{"text":"meeting.","start":8137.33,"end":8137.81}]},{"text":"The forum will reconvene at 3:00 p.m. in this chamber to continue with its program of work.","start":8138.05,"end":8144.01,"topics":[],"words":[{"text":"The","start":8138.05,"end":8138.45},{"text":"forum","start":8138.45,"end":8138.93},{"text":"will","start":8138.93,"end":8139.17},{"text":"reconvene","start":8139.17,"end":8139.89},{"text":"at","start":8139.89,"end":8140.17},{"text":"3:00","start":8140.17,"end":8140.21},{"text":"p.m.","start":8140.21,"end":8140.77},{"text":"in","start":8140.77,"end":8140.93},{"text":"this","start":8140.93,"end":8141.17},{"text":"chamber","start":8141.17,"end":8141.65},{"text":"to","start":8141.89,"end":8142.05},{"text":"continue","start":8142.05,"end":8142.57},{"text":"with","start":8142.57,"end":8142.77},{"text":"its","start":8142.77,"end":8142.89},{"text":"program","start":8142.89,"end":8143.41},{"text":"of","start":8143.41,"end":8143.65},{"text":"work.","start":8143.65,"end":8144.01}]},{"text":"The meeting is adjourned.","start":8144.37,"end":8145.41,"topics":[],"words":[{"text":"The","start":8144.37,"end":8144.45},{"text":"meeting","start":8144.45,"end":8144.77},{"text":"is","start":8144.77,"end":8144.93},{"text":"adjourned.","start":8144.93,"end":8145.41}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC","affiliation_full":"ECOSOC","group":null,"function":"President of ECOSOC"}}],"topics":[{"key":"private-capital","label":"Private Capital Mobilization","description":"A recurring topic was how to unlock much larger flows of private investment for development. Speakers highlighted blended finance, guarantees, stronger project pipelines, better regulatory environments, and reforms to attract private capital into infrastructure, jobs, and productive sectors."},{"key":"oda-concessional","label":"Official Development Assistance and Concessional Finance","description":"The sharp decline in official development assistance was raised as a serious threat to development financing, especially for LDCs, fragile states, and vulnerable countries. Speakers also emphasized the need to protect and better target concessional finance where it is most needed."},{"key":"crisis-spillovers","label":"Geopolitical Shock Spillovers","description":"Speakers repeatedly discussed how the Middle East conflict and other global shocks are driving up fuel, fertilizer, food, transport, and trade costs. These spillovers are worsening inflation, slowing growth, shrinking fiscal space, and hitting vulnerable developing countries the hardest."},{"key":"debt-architecture","label":"Debt Sustainability and Relief","description":"A major theme was the rising debt burden on developing countries and the need for a more development-oriented debt system. Speakers called for debt relief, better restructuring mechanisms, debt pause clauses, debt swaps, and stronger representation for borrowers in global debt governance."},{"key":"social-investment","label":"Social Spending and SDG Financing","description":"Participants linked financing for development directly to people-centered investment in health, education, social protection, jobs, and essential infrastructure. They warned that debt service, aid cuts, and crisis responses are crowding out spending needed to close the SDG financing gap."},{"key":"climate-resilience","label":"Climate and Resilience Finance","description":"Speakers underscored the need to finance resilience against climate and other recurring shocks, especially in vulnerable economies. The discussion covered adaptation, renewable energy, water security, carbon markets, and financing instruments that help countries withstand disasters and long-term climate risks."},{"key":"domestic-resources","label":"Domestic Resource Mobilization","description":"Several speakers stressed that countries need stronger domestic revenue systems to finance development sustainably. 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