Search
Close this search box.
Search
Close this search box.
Search
Close this search box.

PM Oli Calls for Unified Actions to Bridge Financing Gap


Madrid: Prime Minister KP Sharma Oli, currently on an official visit to Spain, participated in a private roundtable organized by the Gates Foundation on Monday. The meeting was held in conjunction with the United Nations’ ‘Fourth International Conference on Financing for Development (FFD4).’



According to National News Agency Nepal, PM Oli emphasized the potential of independent commissions to assist in closing the financing gap faced by developing and small countries. He advocated for unified actions among stakeholders to strengthen global solidarity and enhance development cooperation.



During his address, PM Oli expressed optimism about the advancement of such commissions. He suggested that they could help balance investment priorities and increase assistance for social and economic development. “I express happiness for the advancement of this commission. This could help maintain balance for investment priorities and analyses by increasing assistance for social and economic development,” he stated.



PM Oli also highlighted the importance of striving for economic sustainability by evaluating the overall economic conditions globally. He stressed the need for considering factors like climate change and disaster risk management, in alignment with the Paris Agreement. The meeting was attended by PM Oli’s chief advisor Bishnu Rimal and other dignitaries.