BRICS Policy Center releases concept note for Task Force 03

The focus of Task Force 3 is to offer the G20 policy alternatives in the field of Reforming the International Financial Architecture, a long-standing demand of developing countries. The concept note, the main written product of the Task Force, analyses the axes of proposals for this reform, offering diagnoses and ways to overcome the current challenges, which range from regulation of the financial system, monetary digitalization, the role of multilateral development banks, the debt burden of developing countries, to international taxation and financing for the SDGs. All of this is in line with the principles defined by the Brazilian presidency at the G20 of combating hunger, poverty and inequality with sustainable development and reform of global governance.