Washington, 17 April 2026 (SUNA) — The United Nations on Thursday launched its new Borrowers’ Platform as a response to the global debt crisis, aiming to rebalance power within the international financial system. The platform is designed to provide developing countries with a coordinated space to engage collectively with creditor institutions, rather than facing them individually, thereby strengthening resilience and protection against debt-related pressures. While the Paris Club represents creditor nations, the new platform is intended to represent borrowing countries and defend their interests. The launch ceremony was attended by UN Secretary-General António Guterres, his Deputy Amina J. Mohammed, the Prime Minister of Barbados, and finance ministers from more than 30 developing countries. Representing Sudan, State Minister at the Ministry of Finance Mohamed Noor Abdel-Daem participated in the ceremony and delivered Sudan’s address, outlining the government’s efforts in reconstruction, financial reform, and economic recovery, noting that tangible results had been achieved despite the challenges of war. He said the event coincides with the third anniversary of the war, which he stated has not received sufficient international attention in supporting Sudan against the “militias,” adding that the conflict has demonstrated the resilience and strength of the Sudanese people. He further stressed the importance of the platform’s objectives in supporting developing countries under the United Nations framework, reaffirming Sudan’s readiness to actively participate in shaping its future work. The minister called for collective cooperation to build a more just and transparent financial system that enables countries to achieve sustainable development. The event concluded with participating countries adopting a joint statement, paving the way for a new approach to global debt governance.BH/BH