Muhith for mobilising funds locally to achieve SDGs

Mentioning that around $824 billion will be needed to implement programmes for achieving the sustainable development goals (SDGs), Finance Minister AMA Muhith on Tuesday underscored the need for mobilising the funds locally, UNB reports.

“We have to take our own initiatives to locally raise the required funds to achieve the SDGs,” he said while talking to reporters after inaugurating the 14th meeting of the steering committee of the Global Partnership for Effective Development Co-operation (GPEDC) at Pan Pacific Sonargaron Hotel in the city.

Muhith said the country should not depend more on donors’ funds as its experiences of MDG implementation are not good.

The United Nations adopted the SDGs setting 17 global goals with 169 targets to build a poverty-free world by 2030.

The Finance Minister said a huge investment from both the public and private sectors is needed to attain the goals and targets of the SDGs in the next 13 years.

He suggested mobilising the funds from local sources instead of depending on the donors, saying many a time it is found that the promised funds are not available.

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