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  • Monday, 20 May 2024
Sierra Leone Advocates for Global Development Funding: Minister Barlay's Call to Action at the UN Forum

Sierra Leone Advocates for Global Development Funding: Minister Barlay's Call to Action at the UN Forum

On April 29, 2024, Sierra Leone's Minister of Planning and Economic Development, Kenyeh Barlay, delivered a compelling address at the UN 2024 Financing for Development Follow-up Forum. In her speech, she issued a fervent appeal to developed nations to honor their pledges for global development finance, emphasizing the critical importance of fulfilling commitments in the face of pressing socio-economic challenges and climate change threats.

 

Minister Barlay underscored Sierra Leone's steadfast commitment to its New Medium-Term National Development Plan (2024-2030). However, she highlighted a significant funding gap amounting to US$2.56 billion, necessitating urgent action and global cooperation to bridge the shortfall. Against the backdrop of evolving global dynamics, Minister Barlay stressed the imperative for collective efforts to advance sustainable development goals and address systemic inequalities.

 

In outlining Sierra Leone's strategy to tackle these challenges, Minister Barlay outlined a multifaceted approach centered on leveraging innovative financing mechanisms, strengthening partnerships, and harnessing climate finance opportunities. The country aims to bolster public financial management systems, promote investment attractiveness, and foster sustainable development pathways that prioritize environmental stewardship and socio-economic inclusivity.

 

Furthermore, Minister Barlay emphasized the indispensable role of international cooperation in fostering equitable development outcomes. She called for concerted efforts to reform financial structures, facilitate technology transfer, and enhance climate finance initiatives tailored to the needs of developing nations. Importantly, she advocated for comprehensive debt relief measures to alleviate the burdens faced by vulnerable countries grappling with fiscal constraints.

 

Against the backdrop of global uncertainties and shifting geopolitical dynamics, Minister Barlay's address underscored Sierra Leone's unwavering commitment to progress and resilience. By championing the principles of solidarity and collaboration, Sierra Leone seeks to galvanize support from the international community in pursuit of shared development objectives.

 

In concluding her remarks, Minister Barlay reiterated Sierra Leone's readiness to engage with development partners in advancing common goals and aspirations. Her message resonated as a clarion call for renewed commitment to global solidarity and inclusive development, laying the groundwork for a brighter, more equitable future for all nations.

 

Sierra Leone's advocacy for global development funding reflects a broader narrative of collective responsibility and shared destiny. As nations grapple with the complex challenges of the 21st century, the imperative for concerted action and mutual support has never been more pressing. In honoring their pledges and forging collaborative partnerships, developed nations can contribute meaningfully to the realization of a more just, equitable, and sustainable world for present and future generations.

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