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MMS Statement presented at the 68 GA High Level Dialogue on FFD

UNSIXTH HIGH-LEVEL DIALOGUE OF THE UN GENERAL ASSEMBLY ON FINANCING FOR DEVELOPMENT  on 7&8 October 2013.

  Round Table 3- Theme:- “The role of financial and technical development cooperation, including innovative sources of development finance, in leveraging the mobilization of domestic and international financial resources for sustainable development.”

Statement by Celine Paramundayil, representative of Society of Catholic Medical Missionaries, an Ngo in special consultative status with ECOSOC and a member of NGO Committee on  FFD

 Mr. President, distinguished delegates, Ladies and Gentlemen,

 We all agree that Finance is the most essential component for the realization of Sustainable Development. We need to change the current paradigm of wealth being concentrated in the hands of a few while more people are pushed into poverty and marginalization. Studies shows that the wealthiest 20% account for 87 % of the global income, while the poorest 20% of  the world population enjoy less than 1%. …

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