The Commonwealth is working with governments, international development partners, grassroots organisations and civil society to help both developing and developed countries enjoy economic growth and stability.
Many of our members are small and vulnerable and face challenges to finance basic public services, are burdened with high debt and have had limited success in securing the benefits of global trade.
Traditional sources of finance for these countries – such as taxation and development assistance – while critically important, are insufficient to meet these challenges.
The Commonwealth helps its member governments to equitably and sustainably manage their human, natural and economic capital, to bolster national resilience to economic and social crises, and to improve prosperity for all citizens.
A new state-of-art Commonwealth debt management system will help countries to proactively manage their public debt portfolio, according to Secretary-General Patricia Scotland
Senior trade officials wrapped up two days of consultations in Singapore, focussing on how Asia-Pacific countries could better harness trade policy to strengthen global trade links and step up participation in regional and global value chains.
Committed to achieving $2 trillion worth of intra-Commonwealth trade by 2030, policymakers from across the Commonwealth agreed to use good regulatory practices (GRPs) to boost trade and help businesses flourish.