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Madbouly calls for reform of the global financial system
The Prime Minister of Egypt, Dr. Mostafa Madbouly, emphasized in his speech before the United Nations General Assembly the importance of enhancing global peace and stability by addressing the root causes of conflicts, particularly poverty and inequality. He highlighted the need to allocate the capacities of the international financial system more fairly to empower developing countries, with an emphasis on the pivotal role of the multilateral international system, especially the United Nations, in achieving common goals such as sustainable development. He also stressed that effective international cooperation requires adequate resources, political will, and unified efforts to support multilateralism, reaffirming Egypt's ongoing commitment not to abandon these principles in pursuit of global peace and prosperity.
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