In a statement we issued yesterday afternoon, the Secretary-General said that recent concerted action aimed at restoring confidence in financial markets is laudable but more coordinated approaches, including direct intervention by Governments of the major economies, are necessary.
He expressed his concern about the impact of the global financial crisis on the developing world, particularly on the poorest of the poor, and the serious setback this is likely to have on efforts to meet major goals. In this context, the Secretary-General feels strongly that the Financing for Development Conference next month in Doha provides an important opportunity to review developments and to ensure that the current financial difficulties do not undermine commitments already undertaken to provide more aid and other financial resources for the achievement of the internationally agreed development goals. We have the full statement upstairs.
seen at 12:00, 14 October
in
Spokesman for the UN Secretary General.
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