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Saturday, July 2, 2022

Kamal for coordinated global operations to overcome COVID-19 crisis

  • BSS
Photo: Bangla Tribune

Finance Minister AHM Mustafa Kamal has stressed the need for undertaking a well-coordinated global operations to face the COVID-19 crisis where the United Nations can play a pioneering role.

In this tough journey, Kamal said the G-7, G-20, OECD and international financial institutions can also play their due role.

The Finance Minister said this while addressing a virtual meeting of the Finance Ministers held recently, said a Ministry press release.

Organised by the United Nations, Canadian Finance Minister Chrystia Freeland, UN deputy Secretary General Amina J Mohammed, Jamaican Finance and Public Service Minister Nigel Clarke, among others, joined the virtual meeting.

The release said the overall objectives of the meeting were to discuss an effective list of policy alternative to get free from the dreadful consequences of COVID-19 as well as to help framing a long-term, stable and sustainable global financial architecture.

Kamal also stressed that the developed countries are fulfilling 0.7 percent of their ODA commitments to help overcoming the COVID-19 shock. Finance Ministers of more than sixty countries alongside representatives from various international financial institutions joined the virtual meeting.

The recommendations of the meeting will be placed before the high-level meeting of the heads of state and government of the 75th virtual session of the UN General Assembly on September 29.

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