Addis Ababa, September 20, 2023 (FBC) – There is a shortfall in the implementation of the Sustainable Development Goals (SDGs) and the commitment under the Addis Ababa Action Plan, Demeke Mekonnen, the Deputy Prime Minister and Foreign Minister of Ethiopia, said while addressing the UN SDGs Summit in New York .
The efforts of domestic resource mobilization are undermined by the global COVID-19 pandemic, and the flow of development finance to developing countries continues to be inadequate and inequitable, he noted.
Mr. Demeke, who also called for an overhaul of global financial architecture, said countries and institutions should take radical steps towards debt cancellation.
Meanwhile, the DPM & FM also held a productive discussion with US Assistant Secretary of State for African Affairs, Molly Phee, per MFA Ethiopia.