Edun partners UNDP to tackle development challenges

The Minister of Financeand Coordinating Minister of the Economy, Mr. Wale Edun, yesterday launched the 2023/2024 Human Development Report (HDI).

The report was packaged by the United Nations Development Programme (UNDP) in Nigeria.

The 2023/’24 Human Development Report (HDR), titled: Breaking the Gridlock: Reimagining Cooperation In A Polarised World, reveals a troubling trend.

It shows that the country has not done well in all areas of the Sustainable Development Goals (SDGs).

It also shows that there was a rebound in the global HDI – a summary measure reflecting a country’s Gross National Income (GNI) per capita, education, and life expectancy – which has been partial, incomplete, and unequal.

Speaking at the launch, Edun said: “The HDR is a rallying cry that we can and must do better than this, and it charts a way forward for conversations on reimagining development cooperation for a better world. In re-imagining cooperation, international financial architecture ought to be structured to proactively support the implementation of the Sustainable Development Goals (SDGs) and the realisation of human rights.

He added: “The only way to facilitate such a structure is through ambitious reforms, starting with a more inclusive, representative and, ultimately, more effective global economic governance.”

In the last 34 years, UNDP has released the Human Development Report and Index annually, ranking all countries by health, education, and living standards.



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