Countries in the Global South need to strengthen domestic capacity, build effective institutions and secure sustainable sources of financing to address rising debt pressures and changes in the international development system, President John Dramani Mahama has said.
Speaking at a Presidential Roundtable organised by the Open Society Foundation in New York on Monday, September 21, on the sidelines of the 81st UN General Assembly, President Mahama said governments must focus on job creation, stronger public services and infrastructure development while expanding opportunities for young people.
“When I speak about sovereignty in this context, I am speaking about the capacity to act”.
He also called for better coordination within government, increased efforts to mobilise domestic resources, prudent financial management and stronger institutions that can deliver tangible outcomes.
“Where an approach proves successful, the next step should be its adoption into public systems, local delivery institutions, and long-term financing models”.
The meeting brought together heads of state and leaders of major global foundations to explore ways of promoting sustainable development, improving access to financing and strengthening institutions across the Global South.
President Mahama said achieving sustainable development in the Global South will require countries to strengthen their own institutions and financial systems while building partnerships that can support long-term development priorities.
