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The United Nations’ Financing for Development Forum held at the end of May in New York was notable for the first major admission in a formal outcome document that at the current pace, the Sustainable Development Goals will not be reached. The Forum—which deals with all aspects of finance and the financial architecture that regulates finance—intended to work towards reforms that would make finance work for development. This blog post looks at what progress was made, and where political blockages are still holding things up.
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