Togo: Minister of Trade pleads for structural transformation in LDCs at recent UN Forum

Economic governance
Saturday, 16 March 2024 05:03
Togo: Minister of Trade pleads for structural transformation in LDCs at recent UN Forum

(Togo First) - Rose Mivedor, the Togolese Minister of Trade, participated, virtually, in the second UN Forum on the Future of Least Developed Countries. On this occasion, the official called the LDCs to commit to the structural transformation of their socioeconomic sectors.

According to Mivedor, social progress, and economic growth stimulate innovation, and that is why LDCs need to structurally transform their economies if they want to prosper. She spoke during a panel titled “Strategies to accelerate innovation and structural transformation.”

Among others, the Togolese Minister mentioned the country’s current government roadmap which aims to bolster resilience for more inclusive and sustainable growth. “Implementing this roadmap has enabled Togo to develop structural projects,” she said.

At the meeting, all participating countries asked developed countries to implement the Doha Action program. The goal of this program is to help LDCs face COVID-19’s negative socioeconomic impacts and advance toward Sustainable Development Goals (SDGs).

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