Egypt: FM Says Developing Countries Are in Need of Global Financial Structure Reforms

Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty said developing countries are in dire need of global, financial structure reforms.

He added that developing countries should be represented in global economic administration, especially in light of mounting challenges such as climate change, rising sovereign debt levels, increasing debt burdens, high borrowing costs, and elevated debt service expenses; all of which hinder the ability of countries to achieve sustainable…