As world leaders continue meeting at the Conference in New York on the World Financial and Economic Crisis and its Impact on Development, (24-26 June, 2009), civil society, including trade unions is deeply concerned that the outcome document to be adopted formally tomorrow in no way measures up to the scale and depth of the economic meltdown, which is most evident in the jobs crisis.

The outcome of the Conference on the World Financial and Economic Crisis and Its Impact on Development in its third day at United Nations Headquarters provided a means for continued discussion, but in no way measured up to the extreme gravity of the situation facing developing countries, representatives of civil society groups told correspondents today, also at Headquarters.