October 15, 2022 | 21:39 (GMT+7)
Vietnam calls for budget guarantee for U.N. development system
Minister Counsellor Le Thi Minh Thoa, Deputy Permanent Representative of Vietnam to the United Nations (U.N.), called for international efforts to ensure financing for the U.N. development system’s operation during a debate of the U.N. General Assembly’s Economic and Financial Committee on October 14 in New York.
Thoa highlighted the important role of the U.N. development system in implementing the 2030 Agenda for Sustainable Development and addressing global challenges, stressing that it is necessary to provide an adequate and stable budget and ensure a balance between the regular budget and the mobilized budget to strengthen development activities.
Development partners need to increase their contributions to the regular budget to ensure that U.N. development activities are neutral, voluntary, universal and multilateral.
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Minister Counsellor Le Thi Minh Thoa addressing the U.N. debate |
The Vietnamese diplomat expressed support for the reform of U.N. development system to increase efficiency and cohesion, and better support for countries' efforts to meet the needs, priorities and strategies of each country.
Thoa also shared the U.N. Secretary-General's assessment that U.N. agencies should strengthen skills, expertise and institutions to better support countries in the process of energy transition and digital transformation, ensuring food systems, eradicating poverty, and promoting social protection, education, health insurance and climate action.
Cooperation at the regional level also needs to be strengthened to optimize expertise in order to support U.N. coordinators and agencies at the country level, she said.
Delegates also called for securing funding for the U.N. development system, which can assist countries in realizing sustainable development goals (SDGs). They said that the U.N. development system needs to improve the efficiency of the use of resources to meet the demands, priorities and plans of each country.
Source: VNA