Re-membering the Bard: Revisiting The Compleat Wrks of Wllm Shkspr (Abridged)...
Strengthening the Means of Implementation and Partnership for SD
1. Fifth session of the Africa Regional Forum on
Sustainable Development
Strengthening the Means of
Implementation and
Partnership for SD
Thierry Amoussougbo, UNIDEP
16 - 18 April 2019
Marrakech, Morocco
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Fifth session of the Africa Regional
Forum on Sustainable Development
Empowering people and ensuring
inclusiveness and equality
3. Means of implementation & Partnership FINANCE UNECA.ORG
GOAL 17 | FINANCE 3
Large financing needs
Annual investment needs: $600-638 bn; ≈1/3 of total GDP
Infrastructure financing gap stands at between $50 billion and $93 billion
Government revenue-to-GDP ratios low; some improvements
Government revenue-to-GDP ratio ≈24.7% (2000-2017);
Tax-to-GDP ratio ↑ from ≈12% (2000) to 16% (2014) scope for more
tax revenue generation
Foreign Direct Investment can finance growth, … investment climate matters.
FDI to Africa declined from ≈$57 bn <$42 bn (2015-2017)
FDI inflows projected to ↑ by 20% in 2018 to $50 bn
Remittances an important source of forex earnings
Reached ≈$77 bn in 2017 (≈4.3% of GDP)
Capital markets - a platform for mobilizing long-term capital - through both debt
and equity markets
But Africa’s capital markets still nascent; account for < 1% of global stock
market capitalization
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4. Means of implementation & Partnership TECHNOLOGY & CAPACITY UNECA.ORG
GOAL 17 | TECHNOLOGY and CAPACITY
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Africa desperately need STI to address its major SDG challenges
STI , has been a foundation for socio-economic and environment
transformation
Harness/promote : research, innovation, investment infrastructure, critical
mass of scientist, digitalization,
R&D<1% Researchers = 2.2% of the World
Mobile technology : 444 million inhabitants; employed 3 million
individuals, generated $110 billion and contributed $14 billion to public
funding in sub-Saharan Africa in 2017
Capacity building and systemic issues
Most of African countries have developed financing and capacity
development strategies
Many South-South capacity-building initiatives were implemented in 2018.
In terms of monitoring and benchmarking the SDG many countries in
Africa lack the capacity to collect, manage and report on SDG
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5. Means of implementation & Partnership TRADE UNECA.ORG
GOAL 17 | TRADE
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International Trade
International trade constitutes an engine for inclusive economic growth
and poverty reduction,
However today, the multilateral trading system is under threat
Proliferation of trade-restrictive actions uncertainty multilateral trading
environment
Moving towards an operational AfCFTA
World’s largest free trade area since the formation of the World Trade
Organization (WTO)
Market of 1.2 billion people and a gross domestic product (GDP) of $2.2
trillion
AfCFTA and African Trade Observatory will significantly enhance
achievement of SDGs and structural transformation in Africa
Countries need to ratify the Agreement Establishing the African
Continental Free Trade Area and open their borders to ease the movement
of people and goods.
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6. Means of implementation & Partnership Key Messages UNECA.ORG
GOAL 17 | Key Messages 6
Finance
Implement integrated resource mobilization, budgeting and development
planning processes and decentralized public financial management
Strengthening capital markets promote enabling env for private sector
investments
Improving mobilization of non-tax revenue; harness digitalisation
opportunities to widen the tax base, reduce revenue collection costs and
improve tax administration mechanisms
Technology, capacity, systemic issues
Promote enabling environment to mainstreaming STI in SDGs, support
infrastructure development, capacity building, research, effective national
and regional innovation systems
Strengthen capacity of national statistic systems to ensure quality, timely
and up-to-date data on SDGs
Strong government institutions and processes inclusive of all vulnerable
groups are essential for enhancing the quantity and quality of the means
of implementation.
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7. Means of implementation & Partnership Key Messages UNECA.ORG
GOAL 17 | Key Messages 7
Trade
Enable the ratification of AfCFTA by all African countries
Promote the development of AfCFTA related national strategies and plans
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