Times of Eswatini

UN SG holds King’s view on donor aid

- BY KING’S CORRESPOND­ENT

DOHA, QATAR - “Graduation must be a reward, never a punishment,” the Secretary General (SG) of the United Nations (UN), António Guterres, has urged.

He is also of the view that middle-income countries, like Eswatini, should not be deprived of support after graduating from the least developed country status.

Speaking at the leaders’ summit of the ongoing 5th UN Conference on Least Developed Countries (LDC) held at the Qatar National Convention Centre, the UN chief noted that countries that graduated to middle-income status were victims of the cruelest sleight-of-hand trick, where support systems vanished before their eyes.

His Majesty the King also submitted a similar concern regarding the downgradin­g of support to middle-income countries.

He noted how Eswatini was among several middle-income countries that had experience­d a massive reduction in developmen­t aid assistance and urged the world donor community not to downscale this support.

His Majesty said it was very concerning that some of the countries that had previously graduated from the LDC category were not supported to enable them to remain in their elevated status and cushioned against external shocks.

“We now find ourselves facing daunting challenges in creating an enabled environmen­t for our people to live in, as Eswatini has experience­d a massive reduction in developmen­t aid assistance. We, therefore, appeal to the internatio­nal community to give us more financial and technical support in order for us to achieve these (SDG) targets,” he urged the UN family of nations.

Support

The UN SG, who spoke prior to His Majesty’s address, described the lack of support for middle-income countries as an injustice and said the UN would work to avert it.

“In the midst of these injustices, the United Nations is working with you to develop smooth transition strategies, based on tailored support for the graduation process. We cannot allow countries to fall back down the developmen­t ladder after working so hard to climb it. That is why the Doha Programme ofAction includes an online university to provide your countries with better access to science, expertise and technology to develop more innovative and diverse economies and workforces,” he said.

The UN chief lamented the ‘storm’faced by developing countries, which he said must be stopped.

“Countries with the least, need support the most, and the need for support is something that is required now. You represent one in eight people on Earth. I have enormous admiration for your remarkable efforts to achieve graduation and to sustain graduation.

“But, your countries are also trapped in vicious cycles that make developmen­t difficult, and I can reassure you that we are perfectly aware of the inequities created by an unfair global economic and financial system and determined to change it by reforms and by adequate sources of support to the least developed countries,” he said.

Guterres observed that economic developmen­t was challengin­g when countries were starved for resources, drowning in debt, and still struggling with the historic injustice of an unequal COVID-19 response, starting with vaccines and then with the very unfair access to the resources needed for recovery. He said human developmen­t was also challengin­g when education, health care and social protection systems were struggling, and when women were denied their rightful place at the table, across every aspect of civil, economic and political life.

Opportunit­ies

“A thriving business community and the creation of decent jobs are challengin­g if economies are stuck in first gear - exporting raw materials without opportunit­ies for structural transforma­tion to rapidly move up the value chain. Combating a climate catastroph­e that you did nothing to cause is challengin­g when the cost of capital is skyhigh and the financial support you receive to mitigate and adapt to the destructio­n is a drop in the bucket.

“Meanwhile, bigger economies continue to heat our planet and spew greenhouse gas emissions at record rates. Fossil fuel giants are raking in huge profits, while millions of people in your countries cannot put food on the table. You risk being left behind in the digital revolution without the support or technology you need for social and economic developmen­t or job creation.

He further noted how easing the cost of living crisis was growing more difficult by the day, with the war in Ukraine accelerati­ng the rise in prices of energy and food. Add the impacts of conflicts, droughts, hunger and extreme poverty, and the result is a perfect storm for perpetuati­ng poverty and injustice.

“We must end this storm. But, we must recognise that to end this storm we require massive and sustained investment and the least developed countries require and deserve massive financial and economic support,” he urged. Also speaking at the conference, the Emir of Qatar H.H. Sheikh Tamim bin Hamad Al Thani, has pledged a US$60 million (about E1.09 billion) financial contributi­on to the DPoA, with US$10 million (about E182 million) to go towards supporting the implementa­tion of the DPoAactivi­ties for the LDCs, while US$50 million (E911 million) will be allocated for supporting the intended outcomes of the DPoA and building resilience potential in the LDCs.

The DPoAwhich was adopted in March 2022 to help create new commitment­s and broad partnershi­ps towards driving the attainment­oftheSusta­inableDeve­lopment Goals (SDGs). The conference continues until Thursday and local officials from the Ministry of Foreign Affairs and Internatio­nal Cooperatio­n, as well as those from the Ministry of Commerce, Industry and Trade, are among the participan­ts.

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 ?? (Picture: Courtesy of UN Photo/Evan Schneider) ?? UN Secretary General Antonio Guterres.
(Picture: Courtesy of UN Photo/Evan Schneider) UN Secretary General Antonio Guterres.

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