UN, Turkmenistan discuss Sustainable Development Goals financing

AKIPRESS.COM - UN in Turkmenistan jointly with the Government of Turkmenistan and with the support of the United Nations Department for Economic and Social affairs and UNDP Turkmenistan convened an International Seminar via videoconference on "Financing Sustainable Development Goals implementation: the role of Integrated National Financing Frameworks".
The event geographically covered the countries, participants in UN Special Programme for the Economies of Central Asia (SPECA), and aimed to facilitate dialogue and exchange of experience on immediate response measures to mitigate the socio-economic impact of COVID-19 pandemic and link these measures to longer term goals on SDG financing through Integrated National Financing Frameworks (INFF).
This high-level event brought together ministers and deputy-ministers of finance and economy of SPECA Programme countries, as well as the representatives of UNDESA, UNECE, World Bank, IMF, ADB, IDB, EBRD, UNDP, UNICEF, UNFPA and experts of a number of UN agencies and other international organizations. The USG, Executive Director of UN Economic Commission for Europe, Ms. Olga Algaerova, briefed the participants on the ongoing consultations between the SPECA countries on the possibility of establishment of a SPECA Fund as a sub-regional instrument for SDG financing.
The international seminar resulted in the adoption of the Statement of participants that outlines the summary of discussions, recommendations and follow up actions related to linking short-term financial stimulus measures in light of COVID-19 with longer term SDG financing at country level, including through the establishment of integrated national financing frameworks.