UN Summit: Millennium Development Goals High Level Plenary Meeting of the General Assembly 65th Session: outcome document, New York, 17 September 2010

Sectors : Debt relief
Organisation : UN
Date made: 
Heads Of State
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Commitments in: Financing for Development - Debt relief

 “78. We commit ourselves to accelerating progress in order to achieve Millennium Development Goal 8, including through:

 ...(q) Assisting developing countries in ensuring long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, while noting also that developing countries can seek to negotiate, as a last resort, on a case-by-case basis and through existing frameworks, agreements on temporary debt stand stills between debtors and creditors in order to help mitigate the adverse impacts of the crisis and stabilize negative macroeconomic developments;”