Latest update March 28th, 2024 12:59 AM
Jul 12, 2015 News
President David Granger has joined Heads of State, Ministers and representatives from more than 190 countries in Ethiopia for a conference at which decisions will be made on a financial framework to realize the new Sustainable Development Goals.
President Granger left Guyana yesterday morning to attend the Third International Conference on Financing for Development in Addis Ababa Ethiopia.
President Granger is being accompanied by Guyana’s Permanent Representative to the United Nations Ambassador George Talbot and Guyana’s Ambassador to Suriname, Ambassador Keith George.
Prime Minister Moses Nagamootoo has been sworn-in and will carry out the functions of the President.
The conference is being held under the theme, “Time for Global Action” and will last from July 13 to July 16.
The conference will gather high-level political representatives, including Heads of State and Government, and Ministers of Finance, Foreign Affairs and Development Cooperation, as well as all relevant institutional stakeholders, non-governmental organizations and business sector entities.
The Conference will result in an inter-governmental negotiated and agreed outcome, which should constitute an important contribution to and support the implementation of the post-2015 development agenda.
An international online news outfit reported Alessandra Casazza of the U.N. Development Program saying that the Financing for Development conference, will draw about 7,000 delegates and “is not going to talk about figures.”
“There is not going to be any new money put on the table,” she said. “The conference is going to deliver a framework. It’s going to look at various sources of financing all across the board that can actually underpin and support the implementation of the new agenda.”
The U.N. Millennium Development Goals, which started in 2000, expire in December. The World Bank released a report in April saying that to finance the post-2015 agenda; trillions of dollars would be needed.
Casazza said that the new development agenda could not be implemented without the finances first being put in place.
The new post-2015 development agenda is expected to be adopted during the U.N. General Assembly in September.
THIS IDIOT TELLING GUYANA WE HAVE NO SAY IN THE 50% PROFIT SHARING AGREEMENT WE HAVE WITH EXXON.
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