Key to responding to and recovering from the COVID-19 crisis is an understanding of global trends, liquidity sources, financial conditions and debt sustainability. The project "Response and Recovery: Mobilising Financial Resources for development in the time of COVID-19" has delivered a number of information and assessment tools to assist member states.
UNCTAD Financial Conditions Indicator (FCI)
The new generation UNCTAD FCI developed within this project provides a useful diagnostic tool for domestic financial conditions for developing countries, particularly for LICs and MICs whose data is typically too sparse to generate country specific analysis.
UNCTAD Sustainable Development Finance Assessment (SDFA)
The COVID-19 shock has increased the debt vulnerability of many developing countries that were already facing unsustainable debt burdens. Consequently, a number of LICs and MICs were not able to adequately respond to the triple - health, social and economic - crises arising from the pandemic and the achievement of the SDGs is proving to be an even greater challenge.