Spanish Prime Minister Sánchez outlines key financial measures to advance SDGs

At the high-level meeting ‘Financing for Development in the Era of COVID-19 and Beyond” (co-hosted by the United Nations, Jamaica, and Canada), Spanish Prime Minister Pedro Sánchez urged the global community to set a series of socio-economic and financial measures to foster the 2030 Agenda for Sustainable Development.

Sánchez underlined development financing as indispensable to tackling the current COVID-19 crisis and improving global health, quality education, and nutrition standards worldwide. Among other measures, Sánchez recommended postponing the G20’s (Group of Twenty, international forum for economic cooperation) ‘Debt Service Suspension Initiative’ until 2021. He also recommended creating an international financial mechanism to facilitate debt swap operations in middle- and low-income countries to increase funding to global health and climate change policies.

Press release – La Moncloa (in Spanish)