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Eradication of poverty key to sustainable development goals
September 26, 2015, 1:09 pm
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Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah said Friday eradication of poverty was closely linked with achievement of the Sustainable Development Goals (SDGs).

Sheikh Sabah Al-Khaled, in a speech before the Interactive Dialogue, held under the theme "Ending poverty and hunger," underlined that ending of poverty would positively contribute to addressing global challenges, including unemployment, immigration, spread of diseases and illiteracy.

He said the world was in dire need of a strong partnership and an ambitious plan to achieve sustainable development.

Sheikh Sabah Al-Khaled said the Millennium Development Goals (MDGS), which were adopted in 2000 have contributed to development in the developing countries and ended the poverty of a billion people out of 1.9 billion.

However, he added, a lot of work needed to be done to completely eradicate poverty by the year 2030. "This is possible if the commitments are met and the political will is realized helping the developing countries and least-developed nations ... in order to boost food security," he said.

Sheikh Sabah Al-Khaled said Kuwait was one of the largest humanitarian donors in 2014, contributing 0.24 percent of its national domestic income, the highest among donor countries.

Kuwait, he added, has also launched several initiatives to fighting poverty and hunger, like the establishment of the decent life fund with a US$ 100 million capital. This fund, he explained, provided assistances to address high food prices in the poor countries. More than 22 countries benefitted from the fund so far.

Sheikh Sabah Al-Khaled said the Kuwait Fund for Arab Economic Development (KFAED) has supported development projects in more than 104 countries around the globe, as well as donations to regional and international development and humanitarian organizations.

Kuwait, he noted, also contributed US$ 300 million to the Islamic Solidarity Fund to eradicate poverty in Africa.

Sheikh Sabah Al-Khaled said ending poverty was a moral obligation on all UN member countries. The international community can improve the lives of millions of people and then make them involved in economic and social development.

 

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