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Committee on Financing for Development

Committee on Financing for Development

The Committee on Financing for Development in the States Members of the Economic and Social Commission for Western Asia was established pursuant ESCWA resolution 332 (XXX) of 28 June 2018, which was endorsed by the United Nations Economic and Social Council in its resolution 2019/30 of 23 July 2019. The newly established Committee stemmed from the splitting of the Technical Committee on Liberalization of Foreign Trade, Economic Globalization and Financing for Development into two separate committees, which will each hold biennial sessions.

The mandate of the Committee on Financing for Development in the States Members of the Economic and Social Commission for Western Asia includes (a) discussing priorities under the programme of work and midterm action plans of the Commission in the field of financing for development; (b) following up on progress in financing for development policies in member States and making recommendations in that regard; (c) monitoring developments in regional and international forums, conferences and processes with regard to financing for development, and coordinating regional efforts towards the implementation of related resolutions and recommendations emanating from such platforms; and (d) supporting cooperation between the secretariat of the Commission and specialized ministerial councils of the League of Arab States, and organizations and unions formed under its umbrella, and with other specialized regional organizations, to build capacity and harmonize policies and strategies aimed at leveraging funds to finance development; and supporting communication efforts, partnerships and the harmonization of positions in the international arena.

11
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12
December
2019
Amman, Jordan