Gonsalves attends Forum on Financing for Development

Minister of Finance, Camillo Gonsalves was among delegates attending
a Forum on Financing for Development, hosted by the United Nations
Economic and Social Council (ECOSOC) in New York during this
week.

The Forum was convened under the auspices of St. Vincent and the
Grenadines’ Permanent Representative to the United Nations,
Ambassador Rhonda King, who currently serves as the President of
(ECOSOC).

Addressing the event, Minister Gonsalves noted that most developed
countries have not been honouring their commitment to provide
7-percent of their Gross National Product for Official Development
Assistance, ODA.

He said while Developing Countries recognize with gratitude the five
nations that have honoured their pledges, the remainder of the developed
world is less than halfway to its commitment.