Global Financial Injustice Exposed: Đurović and PAM Are Not Holding Back!
Did you know that while some bask in luxury, the most vulnerable countries are stuck in a vicious cycle of debt and inequality? Dejan Đurović, Vice President of the Parliamentary Assembly of the Mediterranean (PAM), is shouting this truth from the rooftops. At the recent United Nations conference in Seville, he made it crystal clear.
Global Inequality and Financial Chaos
From June 30 to July 3, over 70 heads of state, international organization leaders, and financial institutions gathered to tackle the burning question: how to finance development and reduce inequality. The harsh reality? Climate shocks, geopolitical instability, and a global debt crisis are squeezing especially middle-income countries in the Mediterranean region.
PAM: The Voice of Reason and Action
With 35 member parliaments, PAM has been fighting for two decades to make the international financial system fairer and fit for today’s world. Đurović emphasized that parliaments play a crucial role in overseeing governments and shaping fiscal policies that must be transparent and accountable.
Private Sector and Public-Private Partnerships
Without private sector support, sustainable development goals remain just wishful thinking. PAM’s annual economic forum in Marrakech has become the go-to platform for discussing financing energy transition, digitalization, and regional cooperation.
A Call to Action and Hope for Change
Đurović urged international financial institutions to keep ensuring fair access to affordable financing, especially for the most vulnerable countries. The message is loud and clear: without an inclusive, transparent, and stable financial system, there’s no justice or development.
So, will the world listen? Or will we keep watching the rich get richer while the poor sink deeper? Drop your thoughts below — because this isn’t just a political story, it’s our future!
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