Ulaanbaatar
The Deputy Prime Minister Ch. Khurelbaatar Participates in the Financing for Development Forum
Politics
Ulaanbaatar, April 20, 2023 /MONTSAME/. The Economic and Social
Council of the UN held its annual Financing for Development Forum with a
high-level meeting of top global finance officials intent on working
collaboratively to help debt-burdened developing countries overcome poverty,
climate risks, and other challenges to their sustainable development between
April 17 and 20 in New York City. The Deputy Prime Minister and Minister of
Economy and Development of Mongolia Ch. Khurelbaatar took part in the Forum and
delivered a speech during the General Discussion on April 17.
Highlighting the
significance of the Forum’s focus on Financing for Development at this very
time when all countries are targeting their commitments to the 2023 Agenda for
Sustainable Development, the Deputy Prime Minister and the Minister of Economy
and Development presented some measures that have been taken to ensure its
implementation at the national level. One of these measures is the “New Revival
Policy” which is aimed to support economic recovery and tackle issues hindering
the development process. Moreover, drawing on national examples and experiences
in developing the public-private partnership, he said, “Working
toward developing Integrated National Financing Frameworks will accelerate the
process to achieve the Sustainable Development Goals and national development
priority goals.”
The Deputy Prime Minister
mentioned that development financing is a complex process that requires
multilateral partnership and cooperation from all sides, including the
government, private sector, international organizations, and civil society, and
expressed his confidence that this Forum would contribute to the implementation
of the 2030 Agenda for Sustainable Development, as well as developing and
strengthening the sustainable economy that is resilient and ensures
participation of all parties.
