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Saturday, October 14, 2023

Finance Minister Nirmala Sitharaman urges corporates to come forward and support SDGs

Finance Minister Nirmala Sitharaman has called on the private sector to support the Sustainable Development Goals (SDGs), stating that it is the collective responsibility of all stakeholders to contribute. Speaking at an event in Morocco, Sitharaman expressed confidence that reforms in multilateral development banks (MDBs) prompted by G20 deliberations will increase investments in developing nations. She highlighted the need for global cooperation and innovative financing approaches to bridge the financing gap for achieving the SDGs by 2030. Sitharaman also emphasized the need for MDBs to be reformed in order to address the challenges of the 21st century.

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