Politicization of finance is undermining global development, Iran warns

Iran’s ambassador to the United Nations has warned that the politicization of financial systems, unilateral coercive measures, and the consequences of armed aggression are seriously hampering global development efforts and eroding trust in the multilateral system. Speaking at the ECOSOC Finance for Development forum in New York on April 23, Amir Saeid Iravani said that financing for development is directly tied to the credibility of multilateral institutions.

He noted that declining cooperation, unilateral measures, and the freezing of sovereign assets are constraining fiscal space and disrupting investment in many countries, particularly developing nations. Iravani stated that Iran has been subjected to unilateral coercive measures, financial restrictions, and asset freezes for more than four decades—burdens borne directly by ordinary civilians. He also pointed to the ongoing aggression against Iran, including two imposed wars over the past nine months, which have claimed thousands of lives,