Foreign Minister Shah Mahmood Qureshi on Wednesday launched Sustainable Development Goals (SDG) Investment Report 2021: Leveraging Private Investments for Pakistan’s Sustainable Development”.
The report, presented at the Foreign Office, showcased Pakistan’s business portfolio and potential for attracting private sector investments, aligned with the United Nations Agenda 2030 and the SDGs.
In his key-note address, Qureshi outlined his vision for economic diplomacy which is geared towards the advancement of Pakistan’s economic security agenda.
Noting the upward trajectory of macro-economic indicators amidst the Covid-19 pandemic, he underscored the imperative of exploring innovative financing solutions.
Pleased to launch Pakistan’s first-ever SDG Investor Map. With eco security & socio-economic well-being as top national priority, this roadmap comes at an imp time for Pakistan & in SDGs financing eco-system. We pledge to fulfill @UN 2030 Agenda for Sustainable Development in 🇵🇰 pic.twitter.com/lA8peI65W5
— Shah Mahmood Qureshi (@SMQureshiPTI) January 26, 2022
The foreign minister also stressed the involvement of both public and private sectors to increase investments in the development sector for the attainment of SDGs. He highlighted the need to focus on health, agriculture, renewable energy and infrastructure in order to make development sustainable.
He reaffirmed Pakistan’s commitment towards facilitating its international partners to strengthen their economic and development investments in the country and encouraged them to benefit from the unique propositions presented in the report.
FM Qureshi also thanked the United Nations Development Programme (UNDP) Pakistan for providing excellent support, policy advice and technical assistance for positioning the investment portfolio at global investment platforms and developing the country’s first-ever SDG Investor Map.
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An outline of the report was also presented by the UNDP senior advisor on finance for development on the occasion.
The event was attended by Board of Investment (BoI) chairman, Special Assistant to the Prime Minister on China-Pakistan Economic Corridor (CPEC) affairs, Resident Representative of UNDP Pakistan, members of the diplomatic corps, UN agencies, private sector, think-tanks and media persons.
The report has been prepared under the lead of the Ministry of Foreign Affairs, in collaboration with the UNDP and the BoI.
According to an official communique, the report will help leverage and mobilise the much-needed finance for sustainable development in the country. It will go a long way in addressing the socio-economic challenges posed by the Covid pandemic and helping Pakistan build forward better.