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Pakistan hosts inaugural meeting of Saarc planning ministers

Pakistan Hosts Inaugural Meeting of SAARC Planning Ministers

ISLAMABAD – The SAARC planning ministers Wednesday discussed national SDG approaches, impact of Covid-19 on economic growth in the South Asian region and a strategy for collective action for development financing in the wake of pandemic. Pakistan hosted the inaugural meeting of SAARC planning ministers on the theme: ‘Shaping the SAARC Vision 2030’ in virtual mode.
All member states and the SAARC Secretary General, Esala Ruwan Weerakoon, participated in the meeting which was chaired by Minister for Planning, Development and Special Initiatives (PD&SI), Asad Umar.
The meetings discussed national SDGs approaches, impact of Covid-19 on economic growth in the South Asian region and a strategy for collective action for development financing in the wake of pandemic.
In his opening remarks in meeting, Asad Umer, briefed the member states about Pakistan’s national SDGs policy. He noted that political ownership for SDGs is manifested at the highest level as Pakistan was one of the 1st countries to adopt SDGs as National Development Agenda through a unanimous parliamentary resolution.
He also highlighted Pakistan’s success in devising a coordinated approach taken by government of Pakistan towards its social protection and environment conservation initiatives such as the 10 Billion Tree Tsunami.
He expressed hope that the meeting would shape SAARC countries’ response for mitigating the adverse impacts of Covid-19 on the most vulnerable groups of SAARC societies and efforts to accelerate the successful implementation of SDGs targets within the region.
In this regard, he emphasized affordable and effective provision of Covid-19 vaccine for SAARC countries which seems vital keeping in view the fact that the region is home to 1/4th of global population and further 96 million people in the region who live in extreme poverty.
He further deliberated the importance of debt relief and availability of concessional financing for the SAARC region in order to tackle the Covid-19 pandemic proficiently.
He indicated that the Prime Minister, Imran Khan, has already extended the concept of ‘Global Initiative for Debt Relief’ to provide much needed fiscal space to the developing countries currently faced with worsening financial meltdown due to the pandemic and SAARC countries can join their voices for this common initiative.
He noted that Pakistan continues to extend its unconditional support to strengthening coordination and cooperation to all the SAARC member states for the greater benefits of vulnerable groups within the region.
He expressed hope that this initiative by Pakistan, and the Meeting Report adopted by all member states with consensus, will go a long way in devising a coordinated strategy towards achieving SDGs in the region, especially in the post-Covid environment.
The SAARC planning ministers and secretaries’ virtual meetings were a reaffirmation of Pakistan’s commitment to the SAARC process and its efforts to forge closer cooperation among member states. All member states and the SAARC secretary general appreciated Pakistan’s timely initiative of organizing the meetings on such an important subject.
(Sahar News Monitoring Desk)

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