The Mia Mottley administration has outlined a three-step plan to encourage urgent and decisive action to address an unprecedented combination of crises, through a reformed international financial system.It includes debt service suspension and an expansion of lending by multilateral lending agencies.The 2022 Bridgetown Agenda for the Reform of the Global Financial Architecture plan seeks to address the cost of living, debt and climate crises facing Barbados and other developing nations.The Bridgetown Agenda was first mentioned by Prime Minister Mottley at the General Debate of the 77th United Nations General Assembly at UN headquarters in New York last Thursday.
