Source The United Nations
Media www.rajawalisiber.com – The Fifth United Nations Conference on the Least Developed Countries (LDC5 ) in Doha, Qatar on 5-9 March, 2023 is a once-in-a-decade opportunity to accelerate sustainable development in the places where international assistance is needed the most – and to tap the full potential of the Least Developed Countries helping them make progress on the road to prosperity.
The Fifth United Nations Conference on the Least Developed Countries (LDC5 ) in Doha, Qatar on 5-9 March, 2023 is a once-in-a-decade opportunity to accelerate sustainable development in the places where international assistance is needed the most – and to tap the full potential of the Least Developed Countries helping them make progress on the road to prosperity.
Today (5 Mar) in Doha, Qatar, at the opening of the Fifth United Nations Conference on the Least Developed Countries (LDC5), the Secretary-General of the United Nations, António Guterres, said, “The era of broken promises must end – now.”
He also said, “Today, 25 developing economies are spending over 20 percent of government revenues not on building schools, not on feeding people, not on expanding opportunities for women and girls — but solely on servicing debt.”
At LDC5 in Doha from March 5-9, Heads of State and Government are gathering to ensure the LDCs’ needs are placed back at the top of the global agenda.
Leaders will agree on plans to deliver the Doha Programme of Action (DPoA), a ten-year commitment for renewed and strengthened partnerships between the Least Developed Countries and developed nations, as well as the private sector and civil society.
LDC populations have experienced a sharp decline in living standards and increasing inequality, while their current account balances have come under additional pressure from rising external debt payments and soaring international energy and food prices.
Left unchecked, economic distress and vaccine inequity will make recoveries longer and more painful than necessary.