Private Sector Placing Profit ahead of People, Undermining Sustainable Development, Speaker Warns, as Forum on Financing for Development Continues
Describing a “race to the bottom” in which multinational corporations enjoy lower and lower tax rates around the globe, delegates at the Economic and Social Council’s forum on financing for development follow-up today stressed that such practices are slicing deep into the funds countries need to achieve the Sustainable Development Goals by their 2030 deadline.