The Ministry of Finance Timor-Leste, through the Directorate General of the External Resources Management and Mobilization (DGERMM), Director General (DG), Antonio Freitas, participated, in the Asia-Pacific workshop on mainstreaming the Sustainable Development Goals into planning, budgetary, financing and investment processes in Bangkok, Kingdom of Thailand.
The workshop was organized by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), which serves as the United Nations’ regional hub promoting cooperation among countries to achieve inclusive and sustainable development. UNESCAP has emerged as a strong regional think-tank offering countries analytical products into the evolving social, economic and environmental dynamics of the region.
The Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development, one of the nine committees that make up the subsidiary structure of the Commission, organized and coordinated the workshop. The Committee convenes sessions every two years that are attended by senior government officials and experts from the ministries of finance, planning and development, and foreign affairs, and representatives of central banks, think tanks, the private sector, regional financing institutions, development partners and United Nations agencies, as well as eminent experts.
The workshop aimed to highlight how policy makers in the Asia-Pacific region could effectively mainstream the Sustainable Development Goals into national planning, budgetary, financing and investment processes including the mobilization external funds.
DGERMM DG Freitas participated in the regional workshop as a speaker on the theme, “Timor–Leste and the Development Finance Assessment.” His presentation described the process and contents of the Timor-Leste’s Development Finance Assessment, approved by the Council of Ministers on June 26 2019.
His contribution emphasized several points, including: the importance of harmonization of the Sustainable Development Goals (SDGs) to the Strategic Development Plan 2011-2030; Timor-Leste’s strong support for the SDGs, as made evident through its actions of becoming a global champion for the SDGs, and adopting the 2030 Agenda two days prior to their formal adoption in the UN General Assembly.
DG Freitas underlined the importance of country-owned, country-led principles in development partner interventions. He continued, stating that “Timor-Leste has, expressed interest in participating in the upcoming UN Integrated National Financing Framework exercise, which aims to take into stock of all financing options available while also costing the implementation of the SDGs.” This demonstrates Timor-Leste’s commitment to achieving the SDGs and to following recommendation from the DFA.
The Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development was attended by the Executive Secretary of the United Nations Economic and Social Commission, Ms. Armida Alisjahbana, in addition to H.E. Mr. Ahmad Jawad Osmani, Deputy Minister of Economy of Afghanistan, H.E. Ms. Fathimath Niuma, Deputy Minister of National Planning and Infrastructure of Maldives and Dr. Yasuyuki Sawada, Chief Economist of the Asian Development Bank and others.