Friday, May 1st, 2026

PM Oli calls for reform of international financial system



SPAIN: Prime Minister (PM) KP Sharma Oli has emphasized the urgent need to reform the international financial system, calling for stronger global cooperation and support for developing nations.

Addressing the closing plenary session of the Civil Society Forum as chief guest in Spain, Prime Minister Oli highlighted the critical role of civil society in advocating for unresolved global development issues, including development cooperation, debt sustainability, and equitable financial reform.

His visit to Spain comes as part of his participation in the United Nations’ Fourth International Conference on Financing for Development.

“Civil society is not only a participant in this forum but a catalyst and a powerful voice for change,” he said. “Your advocacy can lead to meaningful outcomes.”

The Prime Minister reiterated Nepal’s commitment to good governance, democratic values, and the rule of law, while stressing the importance of inclusiveness and proportionality in global financial investment. “Nepal firmly believes that investment should be guided by need, inclusion, and fairness. We value the global partnership and the active role of civil society in this effort,” he stated.

He called on civil society to lead efforts toward building an equitable and sustainable future, ensuring that no one is left behind. “Your voice strengthens the shared responsibilities we have towards people and the planet,” PM Oli added.

Publish Date : 30 June 2025 06:36 AM

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