Speaker urges overhaul of global finance to unlock $1.3 trillion for developing countries An unidentified speaker to the Group of 77 in China called for major reforms to the international financial architecture, earlier action on debt distress, and mobilizing $1.3 trillion a year by 2035 to close the financing gap for developing countries.

A powerful call for a revamped global financial system is urging nations to mobilize $1.3 trillion annually by 2035 to empower developing countries and reshape the future of finance.

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