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06 to 08 November 2019

United Nations Conferene Centre
Bangkok, Thailand

By invitation only

Group Photo: Participants of the Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development, Second session

The Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development is one of the nine committees that make up the subsidiary structure of the Commission. Its sessions are convened every two years, and attended by senior government officials and experts from the ministries of finance, planning and development, and foreign affairs, and representatives of central banks, think tanks, the private sector, regional financing institutions, development partners and United Nations agencies, as well as eminent experts.

Facilitated by rapid economic growth, the Asia-Pacific region has seen tremendous economic and social progress over the past several decades. Among other indicators, this is reflected in higher average income levels and considerable reduction in extreme poverty. However, preoccupation with economic growth has come at the cost of rising inequalities and environmental degradation. Worryingly, analysis conducted by ESCAP shows that the region is unlikely to reach most Sustainable Development Goals by 2030 in a “business-as-usual” scenario. There is an urgent need to shift the mindset and policy direction and raise ambitions beyond economic growth.

To translate ambitions into feasible policies and tangible outcomes, this session of the Committee will discuss holistic and integrated approaches that can facilitate mainstreaming the Sustainable Development Goals into policymaking and promoting inclusive and sustainable economic policies. The deliberations will focus on the importance of strong fiscal positions, which are backed by effective domestic tax systems and robust regional tax cooperation, to finance the investments needed to accelerate progress towards the Sustainable Development Goals. Latest research by ESCAP reveals that fiscal efforts alone may not be sufficient and that financing requirements are higher for countries that can least afford it, in particular for least developed countries and small island developing States. Therefore, the Committee will also discuss how to leverage financing for such countries in implementing the 2030 Agenda for sustainable development.

To enrich the discussions and the experience of participants, the secretariat is also planning to showcase various analytical and knowledge products during the Committee session. Special side events and workshops on selected thematic areas will also be organized prior to and as part of Committee deliberations.

Delegations Assessment

Following the meeting delegations attended filled out questionnaires regarding the session. A summary of the results is available for download.

Report of the Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development on its second session

ESCAP/CMPF/2019/6
[中文] [English] [Français] [русский]

Annotated provisional agenda

ESCAP/CMPF/2019/L.1)
[中文] [English] [Français] [русский]

Agenda item 2: Mainstreaming the Sustainable Development Goals into economic policymaking

ESCAP/CMPF/2019/1

[中文] [English] [Français] [русский]

Agenda item 3: Strengthening regional tax cooperation in Asia and the Pacific

ESCAP/CMPF/2019/2
[中文] [English] [Français] [русский]

Agenda item 4

Enhancing regional cooperation to leverage financing for the countries with special needs

ESCAP/CMPF/2019/3
[中文] [English] [Français] [русский]

Agenda item 5a: Report on the activities carried out in 2018 and 2019 under the subprogramme on macroeconomic policy, poverty reduction and financing for development in light of the recommendations of the first session of the Committee

ESCAP/CMPF/2019/4

[中文] [English] [Français] [русский]

Agenda item 5b: Consideration of the future focus of the subprogramme

ESCAP/CMPF/2019/5
[中文] [English] [Français] [русский]

Agenda item 2: Mainstreaming the Sustainable Development Goals into economic policymaking

Russian Federation

1._Agenda2_Russian Federation_6-8Nov2019.pdf

China

2._Agenda2_China_6-8Nov2019.pdf

Republic of Korea

3._Agenda2_Republic of Korea_6-8Nov2019.pdf

Pakistan

4._Agenda2_Pakistan_6-8Nov2019.pdf

Bangladesh

5._Agenda2_Bangladesh_6-8Nov2019.pdf

Nepal

6._Agenda2_Nepal_6-8Nov2019.pdf

Indonesia

7._Agenda2_Indonesia_6-8Nov2019.pdf

Sri Lanka

8._Agenda2_Sri Lanka_6-8Nov2019.pdf

Lao People's Democratic Republic

9._Agenda2_Lao PDR_6-8Nov2019.pdf

Afghanistan

10._Agenda2_Afghanistan_6-8Nov2019.pdf

India

11._Agenda2_India_6-8Nov2019.pdf

Agenda item 3: Strengthening regional tax cooperation in Asia and the Pacific

Russian Federation

1._Agenda3_Russian Federation_6-8Nov2019.pdf

China

2._Agenda3_China_6-8Nov2019.pdf

Bangladesh

3._Agenda3_Bangladesh_6-8Nov2019.pdf

Cambodia

4._Agenda3_Cambodia_6-8Nov2019.pdf

India

5._Agenda3_India_6-8Nov2019.pdf

Japan

6._Agenda3_Japan_6-8Nov2019.pdf

Nepal

7._Agenda3_Nepal_6-8Nov2019.pdf

CSO - Centre fo Budget and Governance Acountability

8._Agenda3_CSO_Centre of Budget and Governance Accountability.pdf

Agenda item 4: Enhancing regional cooperation to leverage financing for the countries with special needs

Russian Federation

1._Agenda4_Russian Federation_6-8Nov2019.pdf

Bangladesh

2._Agenda4_Bangladesh_6-8Nov2019.pdf

Indonesia

3._Agenda4_Indonesia_6-8Nov2019.pdf

Vanuatu

4._Agenda4_Vanuatu_6-8Nov2019.pdf

Turkmenistan

5._Agenda4_Turkmenistan_6-8Nov2019.pdf

China

6._Agenda4_China_6-8Nov2019.pdf

Afghanistan

7._Agenda4_Afghanistan_6-8Nov2019.pdf

Lao People's Democratic Republic

8._Agenda4_Lao PDR_6-8Nov2019.pdf

CSO - Alliance for Financial Inclusion

9._Agenda4_CSO_Alliance for Financial Inclusion (AFI).pdf

Agenda item 5b: Consideration of the future focus of the subprogramme

Afghanistan

5b-Afghanistan.pdf

Bangladesh

5b-Bangladesh.pdf

for more information, please contact

Macroeconomic Policy and Financing for Development Division +66 2 288-1234 escap-mpdd@un.org