Dhaka for more LDC role in global financial decision-making

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Staff Reporter :
Minister for LGRD and Cooperatives Khandaker Mosharraf Hossain Friday called upon the international financial institutions to increase the participation of least developed countries (LDCs) in the decision-making platforms.
He made the call speaking on behalf of LDCs at the Comprehensive High-level Midterm Review of the IPoA for LDCs 2011-2020 at Hotel Titanic Belek, Antalya in Turkey, according to a message received here.
The minister also called for ‘ambitious and concerted’ efforts by all concerned for achieving the vision of Istanbul Programme of Action (IPoA) for the LDCs.
“For achieving the vision of IPoA of enabling half of the Least Developed Countries to reach the graduation criteria by 2020, we need ambitious and concerted efforts by all of us – LDCs, their development partners, UN and other international organizations, parliamentarians, civil society, and international community as a whole,” he said.
Khandaker Mosharraf Hossain said without building their resilience, the LDCs will find it difficult, if not impossible, to achieve long-term sustainable development.
“In this regard, we look forward to the important study analyzing the modalities for resilience building in LDCs, as recommended in the draft political declaration.
The LDCs need support from all development organizations as the group of most marginalized countries, he said, adding that without stronger presence and voice in the global economic governance, the LDCs cannot be expected to contribute in a more meaningful manner in the global economic activities.
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