Borrowers' Platform: first Governing Council meeting.


Member States of the Borrowers' Platform are meeting for their first Governing Council meeting, to consider the foundational governance framework, confirm the institutional arrangements, adopt the first annual work programme and provide political direction for the Platform's first annual cycle.


The Borrowers' Platform, launched in April 2026 by developing countries and UN Secretary General, is entering its first annual cycle. The lack of an institutionalized cooperation mechanism for borrowers is the gap that international financial architecture has long carried, and that UN Member States, through the Sevilla Commitment, resolved to close. The Borrowers' Platform addresses this gap and the existing knowledge asymmetries by providing a dedicated space for borrowers to learn from each other and build a long-term knowledge hub.The Borrowers' Platform operates through a two-tier governance structure: a Governing Council, which serves as the political and decision-making body providing strategic direction, composed of ministers of finance, central bank governors, or equivalent ministerial heads; and a Steering Committee, which carries out the technical and operational work of the Platform.
On 12 October, the Platform convenes its first Governing Council meeting, which will consider the foundational governance framework, confirm the institutional arrangements, adopt the first annual work programme and provide direction for the Platform's next phase. The procedural meeting is a closed-door event, open to member states of the Borrowers' Platform only.

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Borrowers' Platform: first Governing Council meeting


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