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.
Broader
Narrower
Value
UIA organization
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
W1583
DOCID
13315830
D7NID
203148
Editing link
Official link
Last update
Jan 20, 2023