The annual joint African Union-Economic Commission for Africa (AU-ECA) Conference of Ministers of Finance, Planning and Economic Development closed their activities Tuesday, with the adoption of 17 resolutions that support Africa’s efforts towards implementing sustainable development goals.
In their resolutions, the African ministers and leaders who gathered in Addis Ababa, the Ethiopian capital, reaffirmed the need to align the 17 Sustainable Development Goals (SDGs) and 20 goals of the Africa’s Agenda 2063 in their national plans; said a press release issued here Wednesday.
The ECA, AU Commission and the African Development Bank (AfDB) were requested to develop an integrated monitoring and evaluation framework on the implementation of both agendas.
The leaders in also recognized that Agenda 2063 and Agenda 2030 provide a framework for the continent to transition towards a new people-centered development trajectory that combines economic, social, and environmental considerations.
Speaking at the closing, ECA Executive Secretary Carlos Lopes said the resolutions adopted offer “great opportunities for the alignment of and implementation of Agenda 2063 and the SDGs.”
“We have had a week packed with meetings all focused on the central question of our time: how to achieve economic transformation in order to change the lives of African men, women, children, young and old, urban and rural for the better,” said AUC Chairperson, Nkosozana Dlamini-Zuma.
The Democratic Republic of Congo’s Minister of Planning, Georges Wembi Lwembo said “There is a lot that needs to be done; we have no choice but to continue working towards the set goals.”
Among the key areas adopted include strategies for multiple sources of funding including external and domestic resource mobilization, the latter of which would be the main strategy for financing Africa’s priorities.
Further, the conference emphasized the need for intensified measures to curb illicit financial flows through implementing the recommendations of the High-level Panel on Illicit Financial Flows from Africa and deepening engagement with receiving countries to tackle unfavorable practices of multinationals.
The Conference took place in the framework of the African Development week, which comprised an Expert’s segment, 23 side events and a 2-day ministerial session.
Approximately 1000 participants attended the Conference, whose theme was: Towards an Integrated and Coherent Approach to Implementation, Monitoring and Evaluation of Agenda 2063 and the SDGs
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