Washington DC: Policymakers worldwide need to engage in collective action and support the goal of delivering education, health, power, roads, water and sanitation to growing populations, according to the International Monetary Fund (IMF). Without adequate financing, the best intentions of global community expressed in the Sustainable Development Goals (SDGs) will remain beyond reach, said Christopher Lane, Special Representative of the IMF to the United Nations.
“Recent setbacks in financing for development should therefore focus policymakers’ attention on the need for decisive national strategies so these best intentions might be realised,” he wrote in the blog released on Thursday. Significantly, the United Nations says some recent developments may make mobilising financing more difficult.