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Towards responsible borrowing and lending

The Monterrey Consensus stated that “debtors and creditors must share the responsibility for preventing and resolving unsustainable debt situations.” The Addis Agenda reaffirms that both sovereign borrowers and lenders must be responsible and that debtors and creditors must work together to prevent and resolve unsustainable debt situations. Member states emphasized the responsibilities of debtors to maintain sustainable debt levels and the responsibilities of creditors to lend in a manner that would not undermine a country's debt sustainability.

Improving public debt management

Many Governments seek to further strengthen their capacity to appropriately manage public debt and ensure borrowing in the interest of maintaining sustainable debt levels. The Monterrey Consensus recognized that technical assistance for external debt management and debt tracking can play an important role and should be strengthened, and the Addis Agenda encouraged continuation of such efforts. 

Special and differential treatment/least developed countries

Tariffs applied to imported goods have been decreasing over time across developed, developing and least developed countries (LDCs). Key drivers of this global trend are the progressive liberalization achieved under the multilateral trading system, as well as, the expansion of preferential market access under regional trade agreements, unilateral tariff liberalization and non-reciprocal preference schemes in recent years.

 

Efforts to strengthen statistical capacities

Significant efforts are required to strengthen national statistical capacities to provide the necessary data and statistics to monitor progress in the implementation of the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda. Funding the modernization efforts of national statistical systems is essential.

 

Transparency and needs assessment

The Addis agenda stresses the importance of transparency. In the realm of data, transparency is particularly important in order to help users access the best possible data for decision-making at all levels from the household to the State. Country needs assessments for improving data capacities are important to enabling better data provision and utilisation.

Partnerships in education

The importance of investments and capacity building for education is recognized in the Monterrey Consensus and the Doha Declaration. The Addis Agenda further stresses the role of the global partnership to support country-driven priorities and strategies, and emphasizes the importance of international development cooperation and partnerships in the education sector in particular.

Partnerships in health

The Financing for Development outcomes emphasize the importance of international development cooperation and partnerships in the health sector.