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SDGs In Action: Integrating the SDGs into National Budgets

"How may SDGs be translated into national budgets?"

A collaboration between the International Monetary Fund (IMF), the Equitable Growth, Finance and Institutions Global Practice (EFI) and the World Bank Group Senior Vice Presidency for the 2030 Development Agenda, UN Relations and Partnerships - SDGs in Action: Integrating the SDGs into National Budgets - underscores the fact that... view more

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Part 1: "How are we going fulfill aspirations of all people to create a world that is prosperous, fair and sustainable for our future generations?" - Chief Executive Officer of the World Bank, Kristalina Georgieva.

 

 

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Part 2: Christine Lagarde, Managing Director, International Monetary Fund (IMF) talks about the homework done by the institution to identify and quantify the fiscal efforts in health, education and selected infrastructure.  Suma Chakrabarti, President, European Bank for Reconstruction and Development talks about supporting the SDGs agenda through financial solutions, innovations, and partnerships with the private sector. 

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Part 3: Sri Mulyani Indrawati, Minister of Finance, Indonesia highlights the importance of gloabl partnerships as a key to SDG implementation. She also provides examples of how Indonesia tried to mobilize partnerships in order to achieve the SDGs. 

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Part 4: Penny Mordaunt, Secretary of State for International Development, United Kingdom highlights the UK's effort in the different areas related to finance, data, transparency, and the implementation of SDGs. 

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Part 5: To succed in reaching the 2030 SDG agenda, we must translate our ambitious goals into country level realities. In practice this means, improved public spending and public financial management, transparent and competitive procurement systems and more effecient investment management from both public and private resources. 

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Part 6: Victor Manuel Martínez Ruíz, Minister of Finance, Guatemala, acknowledges the country's large financial gap and elaborates on the map forward in filling this gap. 

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Part 7: How do we protect the budget in order to guarantee a long-term investment in social and fiscal capital for financing SDG 2030? How can countries accomplish SDGs in the face of the current fiscal and economic scenario? 

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Part 8: Ceyla Pazarbasioglu, Vice President, Equitable Growth, Finance and Institutions, World Bank Group highlights that for infrastructure needed SDGs, we need anywhere between 640 billion USD to 2.5 trillion USD. To achieve these SDGs is a policy choice at the national, regional and global level. 

About the Presenters

Mahmoud Mohieldin

Senior Vice President, World Bank Group

Mahmoud Mohieldin is the Bank’s Vice President for the 2030 Development Agenda, UN Relations and Partnerships, as well as a Professor at Cairo University. Previously he held senior positions in Egyptian government and in research centers and think tanks. He holds a PhD in Economics from the University of Warwick, an MSc in Economic and Social Policy Analysis from the University of York, and a BSc in Economics from Cairo University.

Amina Mohammed

UN Deputy Secretary-General

Amina J. Mohammed is the current Deputy Secretary-General to the United Nations. Previous to her mandate, she was the Nigerian Minister of Environment under President Buhari and was charged with steering the country’s efforts to protect the natural environment and conserve resources for sustainable development. Prior to this role, she was the Special Adviser to Secretary-General Ban Ki-moon on Post-2015 Development Planning, a post she was appointed to in 2012. She was instrumental in bringing about the 2030 Agenda for Sustainable Development, including the Sustainable Development Goals.

Suma Chakrabarti

President, European Bank for Reconstruction and Development

Sir Suma Chakrabarti is the sixth President of the European Bank for Reconstruction and Development (EBRD). He has held the position since 2012 and is in his second four-year term after being re-elected by the Bank’s shareholders. Sir Suma has spent a great deal of his professional career working in international development economics and policy-making, as well as in designing and implementing wider public service reform. Prior to joining the EBRD, he held senior positions in the British civil service. He was Permanent Secretary at the British Ministry of Justice, its most senior civil servant and, earlier, headed the UK’s Department for International Development. He also worked in the late 1990s in the UK Treasury, and in the early 2000s in the Cabinet Office.

Penny Mordaunt

Secretary of State for International Development, United Kingdom

Ms. Penny Mordaunt was appointed Secretary of State for International Development on 9 November 2017. She was appointed Minister for Women and Equalities on 30 April 2018. She was Minister of State for Department for Work and Pensions from 15 July 2016 to 9 November 2017. She was elected Conservative MP for Portsmouth North in 2010. Penny worked for Conservative Central Office, becoming Head of Broadcasting under William Hague. In 2000 she served as Head of Foreign Press for George W. Bush’s presidential election campaign. In Parliament, Penny served on the European Scrutiny Committee, Defence Select Committee, and as chairman of the APPGs for Life Science and for Ageing and Older People. In autumn 2013 she was appointed Parliamentary Private Secretary to the Secretary of State for Defence, Rt Hon. Philip Hammond MP. She served as Minister of State for the Armed Forces from May 2015 until July 2016. Penny worked as an aid worker in post-revolutionary Romania before and during university. She was director of communications at Kensington & Chelsea Council and the Freight Transport Association and was a director of Diabetes UK, the Community Fund and the Big Lottery Fund. In 2004 Penny founded a media company, which she sold in 2010. She was educated at Oaklands RC Comprehensive School and at Reading University where she read Philosophy.

Sahar Nasr

Minister of Investment and International Cooperation, Egypt

Her Excellency Dr. Sahar Nasr was sworn in as the Egyptian Minister of Investment and International Cooperation on February 16, 2017, following her appointment as Minister of International Cooperation on September 19, 2015. Since assuming this role, Dr. Nasr has made several strides in enhancing the business environment and the investment climate, with the ultimate objective of promoting private sector participation. She has also focused on strengthening Egypt’s ties with its existing international partners, as well as exploring new opportunities for cooperation, all through the establishment of mutually-beneficial partnerships. This has involved consolidating Egyptian-Gulf relationships, expanding and deepening ties with African states, and exploring new relationships with Asian partners. Dr. Nasr also serves as Governor of Egypt to several institutions such as the World Bank, the European Bank for Reconstruction and Development, Arab Bank for Economic Development in Africa, and Asian Infrastructure Investment Bank.

Liu Zhenmin

Under Secretary-General, DESA, United Nations

Mr. Liu Zhenmin of China is the Under-Secretary-General for Economic and Social Affairs. Prior to his appointment, Mr. Liu was Vice-Minister for Foreign Affairs of China since 2013. Among his various diplomatic assignments, he served as Ambassador and Permanent Representative, Permanent Mission of the People’s Republic of China to the United Nations Office at Geneva and Other International Organizations in Switzerland (2011-2013). Mr. Liu brings to the position more than 30 years of experience in the diplomatic service, with a strong focus on the promotion of bilateral, regional and global issues. He was deeply involved for 10 years in climate change negotiations including the conclusion of the Kyoto Protocol and the Paris Agreement. He also widely participated in the international activities on the protection of our planet including Antarctica and the oceans. Over the last several years, in various capacities, he has been consistently highlighting and advocating for sustainable development issues.

Ceyla Pazarbasioglu

Vice President, Equitable Growth, Finance and Institutions, World Bank Group

Ceyla Pazarbasioglu is Vice President for Equitable Growth, Finance and Institutions (EFI) at the World Bank Group (WBG) since October 1, 2018. In this role, Ceyla provides strategic leadership to the best expertise from around the World Bank and International Finance Corporation (IFC) to help low- and middle-income countries build the foundations for inclusive and sustainable growth and, thereby, make progress towards achieving the World Bank Group’s twin goals of reducing poverty and boosting shared prosperity. She oversees a portfolio of nearly $30 billion of operational and policy work and advisory engagements in the WBG Global Practices of Finance, Competitiveness and Innovation; Macroeconomics, Trade and Investment; Governance; and Poverty and Equity.

Kristalina Georgieva

Chief Executive Officer of the World Bank

Kristalina Georgieva is Chief Executive Officer of the World Bank. From February 1, 2019 to April 8, 2019, Georgieva was the Interim President for the World Bank Group. As Interim President, Georgieva was responsible for the World Bank Group’s efforts to end extreme poverty by 2030 and to boost shared prosperity around the world. As CEO for the International Bank for Reconstruction and Development and the International Development Association since January 2017, Georgieva has built support across the international community to mobilize resources for poor and middle-income countries and to create better opportunities for the world’s most vulnerable people. Georgieva has built a reputation as a gender equality champion, humanitarian, and leader in the global fight against climate change. As co-chair of the Global Commission on Adaptation, she is working alongside Ban Ki-Moon and Bill Gates to bring the issue of climate change adaptation on equal footing with mitigation on the policy agenda. At the World Bank and the European Commission, she has driven progress on gender balance, pushing toward a target of 40 percent women in management by 2019 at the European Commission, and achieving parity in senior management at the World Bank. And as co-chair of the United Nations Secretary-General's High-Level Panel on Humanitarian Financing, she secured the adoption of a much more effective system to meet the needs of record numbers of vulnerable people.

Christine Lagarde

Managing Director, International Monetary Fund

Christine Lagarde joined the French government in June 2005 as Minister for Foreign Trade. After a brief stint as Minister for Agriculture and Fisheries, in June 2007 she became the first woman to hold the post of Finance and Economy Minister of a G-7 country. From July to December 2008, she also chaired the ECOFIN Council, which brings together Economics and Finance Ministers of the European Union. As a member of the G-20, Christine Lagarde was involved in the Group's management of the financial crisis, helping to foster international policies related to financial supervision and regulation and to strengthen global economic governance. As Chairman of the G-20 when France took over its presidency for the year 2011, she launched a wide-ranging work agenda on the reform of the international monetary system. In July 2011, Christine Lagarde became the eleventh Managing Director of the IMF, and the first woman to hold that position. Christine Lagarde was named Officier in the Légion d'honneur in April 2012.

Sri Mulyani Indrawati

Minister of Finance, Indonesia

Sri Mulyani Indrawati is an Indonesian economist, who currently serves as the Minister of Finance of the Republic of Indonesia, a position she has held since July 2016. She returned to this role after serving as the World Bank's Managing Director and Chief Operating Officer, where she was responsible for the Bank's operations around the world. In this capacity, Sri Mulyani often represented the World Bank Group at the G20. She also chaired the International Development Association (IDA)− the World Bank's fund for the poorest countries. Sri Mulyani concurrently chairs the Development Committee− a ministerial-level forum of the World Bank Group and the International Monetary Fund for intergovernmental consensus-building on development issues. The Committee's mandate is to advise the Boards of Governors of the Bank and the Fund on critical development issues and on the financial resources required to promote economic development in developing countries.

Vitor Gaspar

Director, Fiscal Affairs Department, IMF

A Portuguese national, Mr. Gaspar is Director of the Fiscal Affairs Department of the International Monetary Fund. Prior to joining the IMF, he held a variety of senior policy positions in Banco de Portugal, including most recently as Special Adviser. He served as Minister of State and Finance of Portugal during 2011-2013. He was head of the European Commission’s Bureau of European Policy Advisers during 2007-2010 and director-general of research at the European Central Bank from 1998 to 2004. Mr. Gaspar holds a Ph.D. and a post-doctoral agregado in Economics from Universidade Nova de Lisboa; he also studied at Universidade Católica Portuguesa.

Sigrid Kaag

Minister for Foreign Trade and Development Cooperation, Netherlands

Sigrid Kaag worked for Shell International in London between 1988 and 1990 and at the UN Political Affairs Section of the Ministry of Foreign Affairs from 1990 to 1993. She subsequently held a series of international positions. From 1994 to 1997 she was the Programme Manager and Head of Donor Relations at the United Nations Relief and Works Agency (UNRWA) in Jerusalem. She then worked at the International Organization for Migration in Geneva from 1998 to 2004. In 2004 and 2005 Mrs. Kaag was senior UN adviser in Khartoum and Nairobi. She continued her career at UNICEF, where she held various positions between 2005 and 2010, including Deputy Director of the Programme Division and Chief of Staff in New York, and Regional Director for the Middle East and North Africa in Amman. Mrs. Kaag then served as Assistant Secretary-General for the UN Development Programme (UNDP) in New York. From October 2013 to September 2014 Mrs. Kaag, as UN Under-Secretary-General, led the mission to eliminate chemical weapons in Syria. After this mission was completed, in 2015, she became Under-Secretary-General in Lebanon with responsibility for all UN activities in the country, specifically the implementation of UN Security Council Resolution 1701. In 2015 she received an honorary doctorate from the University of Exeter. She was awarded the Carnegie Wateler Peace Prize in 2016 in recognition of her efforts and the results of her work in the Middle East. On 26 October 2017, Sigrid Kaag was appointed Minister for Foreign Trade and Development Cooperation in the third Rutte government.

Gloria Alonso

Director of the National Planning Department of Colombia

Born in Bogotá, Gloria Amparo Alonso is an Economist from the Universidad de los Andes, with a masters in economics from the Universidad Nacional and a masters in Public Policy from Columbia University in the United States. Her technical vocation, management capacity and passion for public service have led her to hold prominent leadership roles, both in the private and public sectors. She worked for 20 years at Banco de la República (Central Bank of Colombia), where she served as head of the external, financial and macroeconomic programming sectors. Also serving as director of the Communication and Economic and Financial Education Department, Office of the Governor. Between 2009 and 2012 she worked in the Ministry of Finance as the director of macroeconomic policy during the administrations of both Óscar Iván Zuluaga and Juan Carlos Echeverry. In September 2015, Edgardo Maya Villazón, the Comptroller General of the Republic, appointed Gloria Amparo Alonso to the position of Vice Comptroller General, the second-in-command in this control entity. Here she led the project of institutional strengthening and modernizations of the Contraloría (Office of the Comptroller), which adjusted the entity´s auditing practices to international standards. In August 2018, President Iván Duque named her director of the Departamento Nacional de Planeación (National Planning Department), DNP, where she will participate in the major discussions on economic and development issues taking place in the country. In its 60 years of history, Gloria Amparo Alonso is the fifth woman to head the DNP.

Werner Hoyer

President, European Investment Bank

Dr Werner Hoyer is the President of the European Investment Bank (EIB). He took up the post on 1 January 2012 for an initial term of six years and was re-appointed for a second term in office, with effect from 1 January 2018. From 1994 to 1998 and then again from 1999 until 31 December 2011, he was Minister of State for Europe and Deputy Foreign Minister of Germany. From 2000 until 2005 he served as President of the European Liberal Democrat and Reform Party (ELDR). During his service at the German Bundestag he held several positions; first as Whip and Security Policy Spokesman of the FDP (Free Democratic Party) Parliamentary Group (1987 – 1993), then subsequently as Deputy Chairman of the German-American Parliamentary Friendship Group and member of the North Atlantic Assembly (NATO). He was also Secretary General of the FDP (1993 – 1994), before becoming Minister of State at the Foreign Office. From 1998 he served as Spokesman of the FDP for Budget Affairs, from 2002 until 2009 for Foreign Affairs and Vice President of the FDP Parliamentary Group.