Financing strategy: Pakistan urges more private sector funding
Khan urged international communities to mobilise financial resources towards achieving the MDGs by the 2015 deadline.
Khan urged international communities to mobilise financial resources towards achieving the MDGs by the 2015 deadline. PHOTO: FILE
NEW YORK:
Pakistan has called for new and creative sources of financing to supplement decreasing public sector development assistance. Pakistan Ambassador to the US, Masood Khan on Monday said that more private funding was required to advance international trade and managing external debts.
He said that a financing strategy was required to put greater emphasis on directing private flows towards development spending. Khan urged international communities to mobilise financial resources towards achieving the Millennium Development Goals by the 2015 deadline.
He said that public sources will remain critical and it is imperative that developed countries fulfill their Official Development Assistance (ODA) commitments. Khan said that the least developed countries in particular suffer from the recent decline in the ODA.
Published in The Express Tribune, October 9th, 2013.
Pakistan has called for new and creative sources of financing to supplement decreasing public sector development assistance. Pakistan Ambassador to the US, Masood Khan on Monday said that more private funding was required to advance international trade and managing external debts.
He said that a financing strategy was required to put greater emphasis on directing private flows towards development spending. Khan urged international communities to mobilise financial resources towards achieving the Millennium Development Goals by the 2015 deadline.
He said that public sources will remain critical and it is imperative that developed countries fulfill their Official Development Assistance (ODA) commitments. Khan said that the least developed countries in particular suffer from the recent decline in the ODA.
Published in The Express Tribune, October 9th, 2013.