Kathmandu, July 18
Vice-chairman of the National Planning Commission of
Nepal Dr. Min Bahadur Shrestha has urged the global community for the allocation of SDG (Sustainable
Development Goals) Stimulus to support the implementation of SDGs as well as
for mobilising Special Drawing Rights (SDRs) worth US$ 100 billion for the underdeveloped
nations.
"The Least
Developed Countries (LDCs) must be the centre of the global focus: SDGs will
succeed if LDCs succeed," he said while delivering a statement on behalf
of the LDCs at the General Debate of the High-Level Political Forum (HLPF) the
other day, the Permanent Mission of Nepal to the United Nations in New York
informed in a statement.
The (SDR) is an
interest-bearing international reserve asset created by the IMF in 1969 to
supplement other reserve assets of member countries. The SDR is based on a
basket of international currencies comprising the U.S. dollar, Japanese yen,
euro, pound sterling and Chinese Renminbi, said the IMF.
Likewise, the HLPF is the central United Nations
platform for the follow-up and review of the 2030 Agenda for Sustainable
Development and the SDGs at the global level. Dr. Shrestha also attended the
three-day High-level Ministerial Segment of the Forum earlier the same
day.
He highlighted
the impacts of multiple crises on LDCs and underscored the key priorities for
accelerating the implementation of the SDGs in the LDCs.
He urged the
global community to rally behind the Doha Programme of Action for LDCs to
ensure its full and timely implementation and support LDCs to achieve
structural transformation through innovation and technology transfer. He
emphasized the importance of multilateralism and the need for the reform of
global financial architecture.
Dr. Shrestha
also delivered the country statement at the Forum during the event later.
Prakash Pantha,
Member of Federal Parliament and Chair of the Sustainable Development and Good
Governance Committee of the National Assembly, Mahesh Kumar Bartaula and Madhav
Sapkota, Members of the House of Representatives of Federal Parliament,
Secretaries and officials of the Government of Nepal and officials of the
Permanent Mission of Nepal to the UN are in the Nepali delegation led by Dr.
Shrestha.
This year’s HLPF is being
held at the UN Headquarters from 10 to 19 July 2023.
Published in The Rising Nepal daily on 19 July 2023.
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