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Prime Minister Oli Calls for New Financial Order and Enhanced Global Cooperation


Kathmandu: Prime Minister KP Sharma Oli has emphasized the necessity of establishing a new financial order and strengthening global cooperation to facilitate development and prosperity. He made these remarks during a virtual meeting convened by United Nations Secretary-General Ant³nio Guterres, ahead of the Fourth International Conference on Financing for Development in Seville, Spain, scheduled from June 30 to July 3.



According to National News Agency Nepal, the meeting saw participation from various heads of state and government. Prime Minister Oli highlighted the importance of effective global collaboration, especially as developing nations struggle to sustain themselves with limited resources and dwindling overseas development assistance and investment.



Prime Minister Oli also discussed Nepal’s national aspirations, including the vision of a prosperous Nepal and happy citizens. He reiterated the commitment to transition Nepal from a least developed country to a mid-income country by 2026 and to achieve the Sustainable Development Goals by 2030.