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Economy

Angola should present common challenges of less developed countries, says ECOSOC president

The president of the United Nations Economic and Social Council (ECOSOC) said Tuesday that he expects Angola's first assessment of sustainable development goals to reflect, in general, the difficulties of less developed countries.

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Munir Akram, Pakistan's permanent representative to the United Nations (UN) and president of ECOSOC, said Tuesday in New York, when asked by Lusa news agency, that Angola's first presentation of the voluntary national report on development, next Tuesday, July 13, should "reflect the development challenges that many other countries face".

Munir Akrim added, however, that "Angola is a very peculiar country, a least developed and oil producing country, with a unique economy".

The ECOSOC president considered that the entire international community "looks forward to a conversation with Angola" and concluded with the "certainty" that Angola will "identify ways of multilateral and bilateral cooperation for the future."

The presentation of Angola's national review will take place on Tuesday, July 13, at the High Level Political Forum on sustainable development, promoted by ECOSOC, which began this Monday and will last until July 16, until the adoption of a ministerial resolution on sustainable development.

The ECOSOC president stressed at a press conference that the forum is meeting at an "extremely difficult" time, with several challenges: the covid-19 pandemic, development setbacks and the climate crisis.

The voluntary national reports are focused on the implementation of sustainable development goals, defined and assumed in the 2030 Agenda.

According to the Pakistani diplomat, the national reviews "not only point out challenges and difficulties in the policies that countries have formulated, but also the expectations in cooperation and support from the global multilateral system and bilateral partners."

Angola's interest to present the national review for the first time was expressed in a letter from the Minister of Economy and Planning, Sérgio dos Santos, on May 13, 2020.

According to documents available online on the High Level Political Forum platform, Angola is undertaking "a series of important reforms in the economic sphere" and the government's efforts have resulted in an improved assessment of the country (to medium level) on the human development index.

The document cites that "Angola is endowed with important human and natural resources, essential for structural transformation and diversification and to enhance inclusive and sustainable productivity and prosperity, reinforced by sound institutions."

One of the biggest challenges is to increase the quality of work and reduce multidimensional poverty by providing "inclusive access" to "quality education, technical and professional training, clean water, electricity, internet or credit."

Angola's graduation from the Least Developed Country category was postponed until 2024 in a February resolution in which the UN General Assembly expressed "deep concern about the prolonged economic recession" and "socio-economic vulnerabilities" in Angola.

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