{"id":69953,"date":"2025-10-24T13:02:59","date_gmt":"2025-10-24T07:32:59","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=69953"},"modified":"2025-10-24T13:02:59","modified_gmt":"2025-10-24T07:32:59","slug":"sevilla-forum-on-debt","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/sevilla-forum-on-debt\/","title":{"rendered":"Sevilla Forum on Debt"},"content":{"rendered":"<h2><b>Sevilla Forum on Debt Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the Sevilla Forum on Debt was launched at the 16th United Nations Conference on Trade and Development (UNCTAD16) in Geneva.\u00a0<\/span><\/p>\n<h2><b>About Sevilla Forum on Debt<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a <\/span><b>Spain-led initiative <\/b><span style=\"font-weight: 400;\">launched at the 16th United Nations Conference on Trade and Development (UNCTAD16).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is supported by <\/span><b>UNCTAD<\/b><span style=\"font-weight: 400;\"> and the <\/span><b>UN Department of Economic and Social Affairs (DESA).<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Aim:<\/b><span style=\"font-weight: 400;\"> To serve as an open and inclusive space for dialogue and <\/span><b>action on sovereign debt reform.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The new forum is one of the outcomes of the <\/span><b>Fourth International Conference on Financing for Development<\/b><span style=\"font-weight: 400;\"> (FfD4) and was launched as an initiative under the <\/span><b>Sevilla Platform for Action.<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It brings together all <\/span><b>stakeholders, creditors, borrowers, international financial institutions<\/b><span style=\"font-weight: 400;\"> and academia on debt sustainability, management and innovative solutions.<\/span><\/li>\n<\/ul>\n<h3><b>Key Facts about United Nations Conference on Trade and Development<\/b><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\">It is the UN\u2019s leading institution dealing with <\/span><b>trade and development.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">It is a permanent intergovernmental body established by the <\/span><b>United Nations General Assembly in 1964.\u00a0<\/b><\/li>\n<li><b>Functions:<\/b><span style=\"font-weight: 400;\"> It provides economic and trade analysis, facilitates consensus-building and offers technical assistance to help developing countries use trade, investment, finance and technology for inclusive and sustainable development.<\/span><\/li>\n<li><b>Headquarter:<\/b><span style=\"font-weight: 400;\"> Geneva, Switzerland.<\/span><\/li>\n<li><b>Reports published by the UNCTAD<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">Trade and Development Report<\/span><\/li>\n<li><span style=\"font-weight: 400;\">World Investment Report<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The Least Developed Countries Report<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><a href=\"https:\/\/www.downtoearth.org.in\/climate-change\/new-sevilla-forum-on-debt-launched-to-tackle-global-debt-crisis\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">DTE<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sevilla Forum on Debt, a Spain-led initiative launched at UNCTAD16, focuses on global debt challenges and sustainable financial solutions for developing nations.<\/p>\n","protected":false},"author":24,"featured_media":69942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3372],"class_list":{"0":"post-69953","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-sevilla-forum-on-debt","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/69953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=69953"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/69953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/69942"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=69953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=69953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=69953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}