The “Group of 77 plus China” advocated reform of the international financial system – Rossiyskaya Gazeta

Date: September 17, 2023 Time: 05:19:01

“We emphasize the urgent need for a comprehensive reform of the international financial architecture,” the statement said.

It should be noted that the members of the Group advocate a coordinated and inclusive approach to the management of the global financial system. Furthermore, the G77 supports more active participation of developing countries in these processes. It is emphasized that this approach will allow these states to gain greater access to technology and scientific achievements.

The summit, which is being held for the first time in Havana, will be held on September 15 and 16. The parties plan to discuss measures to support developing countries, as well as reforms of international financial institutions.

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