Mottley calls for overhaul of global finance system

PM Mottley calls for urgent global financial reform

Prime Minister Mia Amor Mottley is calling for urgent reform of the global financial system, warning that vulnerable countries like Barbados are being squeezed by rising debt, global conflict and economic shocks. Ms Mottley was speaking at a borrowers’ platform hosted during the IMF World Bank Spring Meetings in Washington, D.C., attended by ministers of finance and central bank governors. She argued that countries should be able to access longe…

Mottley pushes for long-term financing as global crises squeeze small states

Prime Minister Mia Amor Mottley has called for a fundamental shift in how vulnerable countries are financed, urging the international community to move toward 40- and 50-year loans for critical sectors such as education, water and health.   Speaking during a high-level discussion at the Brookings Institution in Washington, D.C. on Tuesday, Mottley argued that short-term financing models are limiting the ability of small states to invest in long-…

Mottley calls for overhaul of global finance system

Prime Minister Mia Amor Mottley has urged major changes to the global financial system, warning that current measures fail to account for the realities