Statement by Elisabeth Svantesson, at the 112th Meeting of Development Committee held on October 16, 2025

Overview & Synopsis

This is a statement by Ms. Elisabeth Svantesson, Minister of Finance, Sweden, at the 112th Meeting of Development Committee, which was held on October 16, 2025. She said that the global economy was undergoing a profound transformation and facing elevated uncertainty, which brought challenges but also opportunities. She noted that growth had been resilient, although strains were emerging. She stated that they would adopt sound policies to foster confidence, build resilience, and safeguard macroeconomic and financial stability. She added that they would continue cooperating to address global challenges. She mentioned that ongoing wars and conflicts continued to impose a heavy humanitarian toll, with large economic costs and significant negative spillovers. She emphasized that ending wars and conflicts and securing lasting peace around the world remained essential for sustainable growth and long-term stability.