Eric LeCompte is featured in the United Nations Press regarding his suggestions on how the Least Developed Countries can meet the Sustainable Development Goals. Read an excerpt below and click here for the full story.
Challenged by Poor Access to External Financing, Aid, Least Developed Countries Must Mobilize Domestic Resources, Promote Investment, Speakers Stress at Doha Round Table
DOHA, 8 March — Efforts to mobilize domestic resources, increase Government revenues, promote investment and fight illicit financial flows are required to offset the challenges that least developed countries face in accessing concessional financing and insufficient external development aid, speakers stressed today as the fifth United Nations Conference on the Least Developed Countries held its last full day of high-level thematic round tables.
Opening the meeting on “Resource mobilization and strengthened global partnerships for sustainable development in least developed countries”, Sorasak Pan, Minister for Commerce of Cambodia and Co-Chair of the seventh high-level thematic round table, pointed out that least developed countries depend on public resources to finance their sustainable-development needs. Fiscal deficits have only grown, occasioned by increased spending needs across all sectors in response to the COVID-19 pandemic. Urgent measures are therefore needed to support economies and social-protection systems. On that point, he highlighted the gender impact of such policies, as women are impacted the most when public services are cut.
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