Experts and economists have pointed out the need for implementing the Sustainable Development Goal (SDG) by implementing its potential financial possibilities and requirements.

Since SDGs are in the process of being integrated into Nepal’s planning process, and simultaneously in the process of localization, the programs need to be initiated on time by realizing their importance, they argued.

Speaking at an interaction on ‘SDG Sub-Platform Policy Coherence and Research” organized by the Institute for Strategic and Socio-Economic Research (ISSR) in support of UNDP at the Pavilion Hall in Kathmandu, senior economist, and former ambassador Prof Dr Bishwambher Pyakuryal pointed out the requirement of 13 billion to 18 billion dollars for infrastructure development in the country.

Senior economist, Prof Dr Bishwambher Pyakuryal speaking at the interaction.

“We have a gap of 26.1 billion dollars in the energy sector,” he said while reinforcing the need for cross-sectional participation with the representation of several institutions to make it effective.

Economist and former member of the National Planning Commission (NPC) Dr Govind Nepal emphasized the need to encourage the private sector for the effective implementation of SDGs.

“Without encouraging the private sector, implementation of SDGs is not possible,” he argued referring to the acts that the government has introduced recently.

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