Development Account Project News Today

The financing needs of developing countries have significantly expanded in recent years, reflected in increased debt accumulation throughout the 2010-2020 period. This pre-COVID-19 trend placed a major constraint on government responses to confront the urgency of the pandemic and, in the medium-term, restricts their capacity to recover in the face of emerging shocks such as climate disasters and those associated with the conflict in Ukraine.

Nairobi, 24 November 2021 (ECA) – The United Nations Economic Commission for Africa (UNECA) and the United Nations Conference on Trade and Development (UNCTAD) jointly organized a multi-stakeholder workshop to deliberate on the contribution of the services sector to African value chains as the UNCTAD-UNECA project on Trade in Services draws to a close.The two-day workshop