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Speakers: Financing key to Post-2015 development

By farjana - Posted on 14 May 2015

Speakers at a dialogue yesterday emphasised on the importance of financing for Post-2015 Development agenda that is being put forward by the United Nations to its member states. 

“As the Millennium Development Goals (MDGs) ended in 2015, the United Nations undertakes to formulate a new development framework that will be adopted in September 2015 through its General Assembly,’’ the dialogue titled “Financing for Development in Post 2015” was told. 

Journalists and civil society members attended the dialogue jointly organised by VOICE and Beyond 2015 with eminent economist Quazi Kholiquzzaman Ahmad in the chair.

Presenting the keynote paper, Ahmed Swapan Mahmud, executive director of VOICE said: “Financing for development explicitly recognises human rights as a basis to promote the inter-linkages among the three pillars of sustainable development such as social, environmental and economic issues.” 

He also proposed to ensure coordination through cross-ministerial commissions, and integration of targets into national and local sustainable development plans, and also integration of targets into national and local budgetary processes. 

Kazi Khaliquzzaman Ahmed noted that developed countries must set binding timetables through national legislation to meet their outstanding 0.7% Gross National Income and ODA commitment, and meet their commitments to direct 0.15% - 0.20% of aid to Least Developed Countries within five years.

“These flows must support democratic ownership, transparency, accountability, inclusiveness and maximise poverty eradication impacts.” 

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