BAKU, Azerbaijan, June 16. The eighth Sustainable
Growth Targets Dialogue was held in Baku immediately inside the
framework of the 51st Annual Conferences of the Islamic Growth
Financial institution Group.
That is mirrored in an announcement by the Ministry of Financial system of
Azerbaijan.
Financing issues for sustainable improvement have been mentioned
throughout the occasion.
In the course of the dialogue, the position of Islamic finance, digital
finance, commerce finance, and funding mechanisms in financing the
SDGs was mentioned, alongside the mobilization of personal capital,
enlargement of regional funding flows, and strengthening of
cross-border cooperation. The occasion holds nice significance for
selling the change of expertise amongst Islamic Growth Financial institution
member international locations, implementing revolutionary financing devices,
and formulating suggestions that can contribute to reaching
sustainable improvement objectives.
Talking on the opening of the occasion, Huseyn Huseynov, Advisor
to the Minister of Financial system and Government Secretary of the Nationwide
Coordinating Council for Sustainable Growth, famous the
significance of revolutionary monetary devices and multilateral
cooperation for financing the Sustainable Growth Targets. He
offered data on Azerbaijan’s initiatives in sustainable
finance and the work being carried out to advertise inexperienced
investments.
Nasar Hayat, Performing UN Resident Coordinator in Azerbaijan,
Ismael Nabe, Minister of Planning, Worldwide Cooperation, and
Growth of the Republic of Guinea, and Mazahir Afandiyev,
Member of the Milli Majlis (Parliament), delivered speeches sharing
their insights on financing sustainable improvement objectives,
strengthening worldwide cooperation, and the significance of
revolutionary monetary devices.
Throughout the framework of the dialogue, the problems of guaranteeing
debt sustainability for financing sustainable improvement objectives,
strengthening worldwide improvement cooperation, and mobilizing
home assets have been mentioned. Moreover, an change of
views happened on the position of cross-border funding flows,
regional capital markets, Islamic finance devices, and commerce
finance mechanisms in attracting non-public capital for sustainable
improvement. In the course of the discussions, the applying of revolutionary
financing devices, the promotion of inexperienced and sustainable
finance, in addition to new cooperation alternatives for financing
sustainable improvement objectives in growing international locations have been within the
highlight.
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