Chairman of Global IME Bank Nepal has stressedthat the private sector has been playing an important role to end the gap in investment. Addressing Panel II of Forging strengthened multi-stakeholder partnerships for timely implementation of the IPoA and the 2030 Sustainable Development Agenda in New York, Chairman Chandra Prasad Dhakalsaid that private sector has been playingan important role in generating employment, effective service delivery and supply sector.

“Only through the public private partnership, LDCs, including Nepal, can achieve sustainable economic growth and end the gap in investment,” said Dhakal.

At the event moderated by BénédicteFrankinet, Permanent Representative of Belgium to the United Nations and co-facilitator of the Mid-term Review of the IPoA, the speakers included Stefan Koeberle, Director, Operations Policy and Country Services, World Bank, TaffereTesfachew, Director, Divison for Africa, Least Developed Countries and Special Programs, UNCTAD,  David Jackson,  Director for Local Development Finance Program Area, UN Capital Development Fund and  Patrick Guillaumont, President, Fondation pour les Etudes et Recherchessur le Développement International (FERDI).

The President of the 70th session of the UN General Assembly convened a one-day special thematic event at the UN Headquarters in New York on “Building Synergy and Coherence in the implementation of the Istanbul Program of Action in the context of the 2030 Development Agenda”, with the participation of Member States, non-governmental organizations, civil society, the private sector and academic institutions, in order to provide input to the comprehensive high-level midterm review.