1. Global strategies
  2. Relieving development assistance debt

Relieving development assistance debt

Description

Relieving development assistance debt involves implementing measures to reduce, restructure, or cancel the financial obligations that developing countries owe to international donors and lending institutions. This strategy aims to alleviate the debt burden that hampers economic growth and social development, enabling recipient countries to redirect resources toward essential services and sustainable development goals. Practical actions include debt forgiveness, rescheduling repayment terms, and converting debt into development investments, directly addressing fiscal constraints and promoting long-term stability.This information has been generated by artificial intelligence.

Broader

Relieving
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Value

Undeveloped
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Underdevelopment
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Overdevelopment
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Development
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Debt
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Assistance
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UIA organization

SDG

Sustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
Content quality
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Language
English
1A4N
W1583
DOCID
13315830
D7NID
203148
Editing link
Official link
Last update
Jan 20, 2023