UN Conference commitment - debt sustainability

Date of commitment: 
June 2009
Millennium Development Goal: 
Recipient: 

Commitment

Called on States to redouble efforts to honour their commitments regarding debt relief, enhanced approaches to the restructuring of sovereign debt and explore the need and feasibility of a more structured framework for international cooperation in debt resolution; developing countries have a right to impose temporary capital restrictions and seek to negotiate agreements on temporary debt standstills between debtors and creditors, in order to help mitigate the adverse impacts of the crisis and stabilize macroeconomic developments.

Target

No new targets. See related commitments listed above.

Progress

As above.

Gap

As above.

Additionality

Not new commitments.