
Egypt calls for more responsive global financial system for emerging economies
Speaking at a meeting of BRICS finance ministers and central bank governors in India, Kouchouk said strengthening the resilience and innovation capacity of developing economies would advance inclusive and sustainable development.
Kouchouk also urged a greater role for multilateral development banks in providing low-cost financing to help developing countries manage risks.
He also called for developing countries to have a stronger voice in shaping a fairer and more inclusive international financial architecture.
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