Alberto Fernández insisted on the request for an extension of the terms of payment of the debt | Participation in a panel organized by the UN and the ILO

President Alberto Fernández complained again to the United Nations (HIM-SHE-HIM) and the International Labor Organization (ILO) the need to “promote a pact that makes it possible to lengthen debt payment terms and the application of lower rates in the current circumstances of social, health, financial and ecological stress”.

The president urged today “to rethink a new international financial architecture” to face “the triple crisis of pandemic, climate change and debt that is hitting hard middle-income countries like Argentina”.

He did so by participating virtually in the High-Level Dialogue convened by the UN Secretary-General., António Guterres and the ILO to discuss the coordinated international response to the impact of covid-19 in the world of work.

The, demand too “Be creative with debt-climate swaps”, “Dar a fondo el debate sobre el rol de las calificadoras de riesgo crediticio y sus metodologías de funcionamiento” y “profundizar el debate sobre el nuevo Impuesto Mínimo Global, para que favorezca puntualmente a las economías emergentes y contribuya una acción de desconcentración the wealth”.

“The issues that were on our agenda before the pandemic demand new approaches and greater resources. Global health, climate change and sovereign debts must be rethought at the global level, “said the Head of State in the panel on” National and regional commitments to create decent jobs, extend social protection and support a just transition ”.

While he acknowledged that “the G20 leaders have understood the gravity of the current crisis and have taken the first steps to deal with social and economic emergencies”, he said that “these measures are not enough” because “it is necessary give middle-income countries greater participation so that emerging economies can also benefit. ”And he said that despite the fact that“ the International Monetary Fund has taken steps which, only a year ago, were unthinkable ”, such as the release of the issue of 650,000 million dollars of special drawing rights,“ opening the door to a hope that must be increased to face the consequences of the pandemic ”, there remains“ much to do ” In this sense, the president urged the development of a “great global pact of solidarity, which includes low-income and middle-income countries with high climate, socio-productive and financial vulnerability”.

In addition, Fernández asserted that “it is time for an environmental multilateralism, which avoids any attempt to discriminate against the poorest countries with supposedly ecological barriers” and supported the promotion of “jobs 4.0 and the promotion of digital skills that will allow adaptation to the climate. – linked labor markets and a socially inclusive recovery ”.

In his speech, he also drew attention to the fact that “the world is already showing a two-speed recovery, which means that, once again, many will be left behind.” “We must take advantage of this crisis to emerge transformed. To drive a transition to a more digital, resilient, sustainable and people-centered economy, ”he said.

Along with the President, his Costa Rican counterparts, Carlos Quesada; from Ecuador, Guillermo Lasso; the Prime Ministers of Belgium, Alexander de Croo, and of Egypt, Mostafa Madbouly, as well as representatives of Nigeria, India, Bangladesh, Rwanda, El Salvador, Pakistan and the Union European.