The Sevilla Forum on Debt was launched in which city?

Question

The Sevilla Forum on Debt was launched on October 22, 2025, at the 16th United Nations Conference on Trade and Development (UNCTAD16) in Geneva. It is a Spanish-led initiative supported by UNCTAD and the UN Department of Economic and Social Affairs (DESA). The Forum provides an open, inclusive platform for dialogue and action on sovereign debt reform. The Forum stems from the Fourth International Conference on Financing for Development (FfD4) and aligns with the Sevilla Platform for Action and Sevilla Commitment. Spain will host the Forum as a bridge between borrowers and creditors, tracking implementation of debt initiatives. Global debt reached $102 trillion in 2024; developing countries owe $31 trillion and pay $921 billion in interest

GKToday Admin · Accepted Answer

Geneva The Sevilla Forum on Debt was launched on October 22, 2025, at the 16th United Nations Conference on Trade and Development (UNCTAD16) in Geneva. It is a Spanish-led initiative supported by UNCTAD and the UN Department of Economic and Social Affairs (DESA). The Forum provides an open, inclusive platform for dialogue and action on sovereign debt reform. The Forum stems from the Fourth International Conference on Financing for Development (FfD4) and aligns with the Sevilla Platform for Action and Sevilla Commitment. Spain will host the Forum as a bridge between borrowers and creditors, tracking implementation of debt initiatives. Global debt reached $102 trillion in 2024; developing countries owe $31 trillion and pay $921 billion in interest

Current Affairs

Daily MCQs

Monthly MCQs

Topic Wise CA MCQs

CA MCQs in Other Languages

GK MCQs Section

SSC/RRB/States Level MCQs