President William Ruto has asked International Financial institutions to eliminate discrimination and instead embrace a more inclusive financial architecture that is fair to developing countries, as they seek sustainable development and wage a war on climate change.
In a statement on Monday, the Head of State, who is currently in the USÂ explained that with a focus on debt restructuring and the elimination of discrimination, International Financial Institutions can foster a truly shared prosperity to citizens of the world.
”A reformed and just global financial system will empower developing nations to participate meaningfully in climate action and pursue sustainable development, ” he noted after meeting COP28 President and United Arab Emirates Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber at the United Arab Emirates Mission in New York.
