PM Kakar stresses adequate financing for poor nations

Erdogan calls for Kashmir resolution through dialogue,
NEW YORK/Islamabad (Mudasser Chuhdary) – Caretaker Prime Minister Anwaarul Haq Kakar on Tuesday called for providing adequate resources to the poor nations while achieving the Sustainable Development Goals (SDGs).
Taking part in the SDG Summit Leaders Dialogue 6 on topic “Mobilizing finance and investments and the means of implementation for SDG achievement”, he said the premier highlighted that eight years after the adoption of Agenda 2030, only 12 per cent of the SDG targets were on track, with the poly-crises of Covid, Climate and Conflict having devastated the economies of developing countries.
“This has been further exacerbated by a ‘morally bankrupt’ international financial architecture.”
The SDG Summit, taking place from 18-19 September, marks the half-way point for achieving the 2030 Agenda and the Sustainable Development Goals.
PM Kakar stressed that at the forthcoming CoP28, Pakistan will seek climate justice, including the fulfillment of the pledge to provide over $100 billion annually in climate finance, allocation of half of this to climate adaptation and the urgent launch of the Fund for “loss and damage”.
The Prime Minister welcomed the inclusion of many proposals advanced by Pakistan and other developing countries in the SDG Summit Political Declaration, including endorsement of the Secretary General’s SDG Stimulus, early capitalization of Multilateral Developments Banks, re-channelling of Special Drawing Rights (SDRs) for development, and reform of the international financial architecture.
He proposed the creation of a Working Group of the General Assembly to ensure the immediate implementation of these agreements.
Kakar expressed Pakistan’s support for the Global Development Initiative (GDI), highlighted the need for adequate financing and called for action in key areas to achieve the Sustainable Development Goals.
The prime minister highlighted that progress towards achieving the SDGs had suffered a serious setback due to the poly crises of COVID-19, conflict and climate change.
Earlier,
Turkish President Recep Tayyip Erdogan has called for the resolution of the Kashmir dispute through dialogue to promote peace, stability and prosperity in South Asia.
In his wide-ranging address to the 78th session of the UN General Assembly, he underscored the need for peace in Kashmir, as he outlined Turkiye’s position on conflicts, including Cyprus, Syria, Yemen, Myanmar and Afghanistan, hoping that peace would prevail.
“Other developments that will pave the way for regional peace, stability and prosperity in South Asia will be the establishment of a just and lasting peace in Kashmir through dialogue and cooperation between India and Pakistan,” added Erdogan, who makes it a point to refer to Kashmir in his speeches at the UNGA.
On Afghanistan, he said, “The Afghan people, who have been going through difficult times for half a century, are in dire need of humanitarian assistance and support regardless of political motives.”
The president said that transformation of the Afghan interim government into an inclusive administration, in which all segments of society were fairly represented, would pave the way for Afghanistan to be positively received in the international arena.