At the forum, the government has taken strong steps and in the course of this process has formed a Steering Committee for Sustainable Development (SCSD) which comprises of 18 government entities as members to oversee the implementation of the UN-mandated sustainable development goals (SDGs) in the country, according to a senior minister
“The SCSD will be responsible for mainstreaming the thinking around the SDGs into policymaking, improving the country’s economic performance and social development, and enhancing its local capabilities and knowledge,” Saudi Arabia’s minister of economy and planning, Faisal Alibrahim, said.
The minister was speaking at the UN High-Level Political Forum (HLPF) meeting in New York on Wednesday.
Alibrahim also urged member nations to invest in youth as it holds the key to unlocking sustainable socio-economic growth.
“As the world seeks to build back stronger from the Covid-19 pandemic amid increasing geopolitical and socioeconomic uncertainty, a concerted effort to find common ground and focus on delivering sustainable development for all is urgently needed,” Alibrahim said in a virtual address to the forum.
Alibrahim said: “Saudi Arabia is working to put sustainable development at the heart of its evolving economy. We remain determined to continue working closely with the international community to proactively contribute to achieving our shared global goals, because we recognise that no one nation will develop sustainably, until all nations are enabled to develop sustainably.”
Regarding the five Sustainable Development Goals (SDGs) Alibrahim said of SDG4 – access to education – that the Kingdom was committed to continuously investing in the education which is important for the country’s demographic dividend.
The Saudi government has allocated SAR185 billion of the 2022 budget for education, representing 19 percent of the total expenditure – making it the largest chunk in the annual government budget
As for the goal related to gender equality, the minister said Saudi Arabia has already surpassed a 30 percent target rate of female labor force participation by 2030, putting it ahead of schedule on critical socioeconomic development matters.