has called for access to concessional financing to enable poor nations to withstand global economic shocks.
According to the group, with any slowdown in the global economy, developing countries are bound to be hit the hardest.“If we fail to take swift and corrective actions today, the developing world is on the brink of falling further behind,” the G-24 warned. “As developing countries, we acknowledge the critical need to address the underlying structural weaknesses of our economies.
“Access to concessional financing is of paramount importance for developing economies to mount a strong defence against these compounding challenges.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKING: Tinubu establishes economic management taskforce to drive economic recoveryA Trusted Nigerian Newspaper
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »
For national security and economic development, fighting corruption matters, By Umar YakubuAllocating additional resources should directly correlate with a reduction in various forms of corruption, including grand corruption.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Moghalu’s proposal on Nigeria’s economic revival, By Ehi BraimahPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Assist Tinubu tackle insecurity, economic crisis – Ohanaeze begs Peter Obi, Atiku, KwankwasoOkechukwu Isiguzoro, a chieftain of the apex Igbo socio-cultural organization, Ohanaeze Ndigbo, on Tuesday, urged presidential candidates of the Peoples Democratic Party, PDP, Atiku Abubakar, New Nigeria Peoples Party, NNPP, Rabiu Kwankwaso, and Labour Party's Peter Obi to assist President Bola Tinubu.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Economic hardship: Tinubu’s govt begins distribution of grains to statesA Trusted Nigerian Newspaper
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »
Economic hardship: Zamfara residents lament high cost of livingZamfara State residents, especially Muslims, have lamented the high cost of living, saying that the prices of foodstuffs continue to escalate unabated daily.
Source: DailyPostNGR - 🏆 11. / 59 Read more »