Egypt to head UN-backed debtors’ bloc as Global South pushes for reforms
A screen displays International Monetary Fund (IMF) Managing Director Kristalina Georgieva as she speaks during a "Managing Global Imbalances: Policy Priorities" meeting at IMF/World Bank Spring Meetings in Washington, DC on April 15, 2026.
Egypt has been elected the inaugural chair of the newly launched Debtors’ Platform, a United Nations-led initiative designed to give borrower economies a unified voice on debt issues.
The platform will function in a similar way to creditor coordination bodies such as the London Club and Paris Club.
