Kojok urges improved global financial response
Finance Minister Ahmed Kogok emphasized that strengthening the resilience and innovation capacity of developing economies contributes to achieving sustainable development. He called for greater representation of developing countries within a fair international financial system. He advocated for a global financial system that is more responsive to the growth and development needs of emerging nations, highlighting the importance of expanding the role of multilateral development banks in providing low-cost financing to support risk management. He also underscored the necessity of integrating digital technology and artificial intelligence into structural reforms to develop human capital, and of establishing strong trade and investment linkages among Southern countries to reduce economic and geopolitical volatility.
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