Securing financial resources critical to achieving MDGs: ROK

The Republic of Korea (ROK) 's Presidential Envoy to the UN Han Seung-soo on Wednesday said it will be critical for the international community to "secure adequate, consistent and predictable financial resources for development."

The statement came as Han addressed a UN high-level meeting to review the status of the eight anti-poverty Millennium Development Goals (MDGs).

The world continues to progress toward achieving the goals since their establishment in 2000. "However, we must continue to address the unmet and under-met targets across sectors, countries and regions so that we can break the syndrome of 'where you live determines how you live,'" he said.

Of equal importance, the former ROK prime minister said, is the effective use of development resources.

"The call for more development resources needs to go hand-in- hand with the effort to improve the quality and effectiveness of development assistance through enhanced national ownership, alignment, harmonization, managing for results, and mutual accountability," he said.

Meanwhile, Han called on world leaders to invest in inclusive and equitable economic growth.

"Sustainable achievement of poverty eradication comes only when we obtain inclusive and equitable growth where people across every sphere of society are allowed to participate in the process of development and equitably enjoy the benefits of growth," he said.

Source: Xinhua