GOVERNMENT says it is committed to addressing development challenges at national level.
Similarly, Government says it is also committed to building momentum to ensure the realisation of national aspirations and the Sustainable Development Goals ( SDG’s).
Ministry of Finance and National Planning Acting Permanent Secretary, Lois Mulube said this when she delivered Zambia’s General Debate statement at the High Level Political Forum on Sustainable Development at the United Nations Headquarters in New York.
“Some key interventions to addressing development challenges, include implementation of an economic recovery programme under the framework of the 8th National Development Plan, to restore macroeconomic stability, support fiscal stabilisation and foster higher and more inclusive growth,” she said.
Ms Mulube also outlined that the country has made significant progress towards restructuring its debt to the tune of US$6.3 billion, which was expected to underpin its economic recovery.
She however, said the international community must up the battle against poverty and vulnerabilities, and promote international solidarity to actively explore and mobilize increased sources for low-cost finance.
“The SDG proposed Stimulus package of US$500 billion will allow developing countries to accelerate progress by leveraging innovative approaches. It will catalyse transformative actions to bring about the desired socioeconomic development by supporting investments in key sectors,” she said.
She also notes that the SDG Stimulus package will help developing countries build more resilient economies, address unemployment and uplift the livelihoods of people, particularly the most vulnerable.
Ms Mulube further added that Government supports calls for the reform of the International financial architecture.
This is according to a statement issued by First Secretary for Press and Public Relations
Permanent Mission of the Republic of Zambia to the United Nations Namatama Njekwa.
(Mwebantu, Friday, 21st July, 2023)