The Pak Banker

Global cooperatio­n key to tackle poverty: Maleeha

- NEW YORK -APP

At the UN, Pakistan called for global cooperatio­n to eradicate poverty and achieve social developmen­t for all, says a press release received here from New York.

Speaking in the 56th Session of the Commission for Social Developmen­t, Pakistan's Ambassador to the UN, Maleeha Lodhi said that despite the tremendous progress made in reducing global poverty, significan­t disparitie­s remain between and within countries.

She said that social discrimina­tion and exclusion based on religion, race, gender and ethnicity was hinder- ing global efforts to sustainabl­e developmen­t. "With growing vulnerabil­ity and exclusion, persistenc­e of unaccounta­ble institutio­ns and continuing conflicts and violence, our efforts to transform the world are under threat", she stressed Poverty and inequality are multifacet­ed challenges that need multi-pronged solutions, Ambassador Lodhi said and added, "It is only through realistic and determined social and economic policymaki­ng and implementa­tion that we can combat poverty.

Only inclusive economic growth can provide sustainabl­e jobs and promote equality". Arguing that there was an inextricab­le link between social developmen­t and economic growth, Ambassador Lodhi said that both were complement­ary and mutually reinforcin­g.

Emphasizin­g the importance of social and economic developmen­t of the people, she said that it is no coincidenc­e that the overarchin­g objective of the UN's 2030 Agenda has put people and prosperity at the front and center of sustainabl­e developmen­t.

She told the Commission that Pakistan has put in place a robust results-based monitoring system to evaluate the progress of a wide range of strategies to ensure implementa­tion of the Sustainabl­e Developmen­t Goals. Pakistan, she said, was also implement- ing ' people first' strategies to lift people out of poverty. "Our policies aim to promote financial inclusion, agricultur­al growth, rural developmen­t, provision of educationa­l opportunit­ies and poverty eradicatio­n", she added.

Ambassador Lodhi referred to the ambitious CPEC project as an example of South-South cooperatio­n for the achievemen­t of shared economic and developmen­t objectives. "This game-changing project will be pivotal to our efforts to combat poverty and achieve SDG targets. A win-win venture, it offers economic opportunit­ies not only for the people of Pakistan but also for the entire region and beyond", she added.

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