Mr.
President,
Distinguished
Delegates,
We
have the opportunity today to consider the
problem of lack of resources, especially
financial resources, for development.
There
is no question that nations are responsible for
their own development. We in the developing
world must mobilize domestic financial resources
for this purpose. At the same time, we must
strive for good governance, fight corruption,
and find creative ways to raise money to finance
development. We must make use of available
policy space to devise our own strategies for
development.
But
these are never enough. Hence, international
cooperation is an imperative for development.
Another pertinent point is the issue of global
partnership for development. While we in fact,
are strengthening our institutions for
development through good governance, combating
corruption, driving private sector growth by no
means should they be used as conditionalities.
Hence, partnership should become a genuine and
mutually beneficial relationship.
Financial
flows for development must be generated through
a meaningful international trade regime with
strong development dimensions. It would also
help if ODA, extension of credit and FDI could
be attracted.
Considerable
relief will come with compliance to the Monterey
Consensus. We therefore strongly endorse the
establishment of timetables for many developed
countries to fulfill the commitment of 0.7
percent of their GNPs to official development
assistance.
There
is a real need for significant debt reduction or
restructuring not only for the least developed
countries but also for middle-income developing
countries.
That
is why we recommend the adoption of a debt swap
mechanism that will enable developing countries
to make use of resources that normally flow out
to the creditor countries. Such a mechanism can
greatly help developing countries attain their
MDGs. We believe that the proposed measures
merit our serious consideration.
The
Outcome Document of the High-Level Plenary
Meeting has not turned out to be a balanced
document. Thus, it diminishes the capacity of
developing countries to generate financial flows
for development.
In
this Document, so many conditionalities are
imposed on developing countries before they
qualify for financial flows for development. On
the other hand, the obligations of developed
countries are worded in the vaguest terms.
We
welcome commitment to enhance the quality of
aid, which is based on a recognition of the
needs of the recipient countries.
The
Document leaves out many issues relevant to
international trade that developing countries
have been regarding with keen anticipation. This
omission renders the Doha Round of trade
negotiations unfriendly to development.
Mr.
President,
While
we, in developing countries, continue to hope
and tirelessly work for improvement of this
situation, we also recognize and appreciate
efforts made by developed countries,
particularly in the areas of development
assistance and debt reduction. Indonesia is
hopeful that this could serve as a solid
foundation to foster a genuine and mutually
beneficial partnership. But, if we are to beat
poverty forever, we must always strive to do
more individually and collectively.
Thank
you
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