New York: Pakistan has urged for a strengthened collaboration between the public and private sectors to address the financial shortfalls hindering progress toward Sustainable Development Goals (SDGs). The call was made by Senator Farooq H. Naek during a session at the Inter-Parliamentary Union hearing in New York.

According to a statement by Ministry of Information and Broadcasting, Senator Naek emphasized the importance of capacity-building support for developing nations. He pointed out that such assistance is crucial to empower these countries in crafting viable projects that can attract necessary investments.

Pakistan’s initiative highlights a growing recognition of the pivotal role that partnerships between governments and private entities can play in overcoming financial challenges associated with achieving SDGs. The emphasis on capacity building reflects an understanding of the need for tailored support to enhance project formulation capabilities in developing regions.

The statement underscores Pakistan’s commitment to fostering international cooperation and dialogue, aiming to mobilize resources and expertise to close existing gaps in SDG financing.