The Fourth International Conference on Financing for Development (FFD4) in Sevilla, Spain updated the global framework to close financing gaps for sustainable development, including in its social dimension. The Sevilla Commitment recognizes that public resources, policies and plan are at the…

Domestic public finance is essential to providing public goods and services, increasing equity, and managing macroeconomic stability. The mobilization and effective use of additional domestic resources is central to achieving the sustainable development goals (SDGs). Public financial management and tax administration are also linked to the accountability and legitimacy of the state. Many commitments and actions in this area are national in nature, but implementation needs to be supported by international actions and cooperation.
Photo by Artur Kraft
Domestic public finance is essential to providing public goods and services, increasing equity, and managing macroeconomic stability. The mobilization and effective use of additional domestic resources is central to achieving the sustainable development goals (SDGs). Public financial management and tax administration are also linked to the accountability and legitimacy of the state. Many commitments and actions in this area are national in nature, but implementation needs to be supported by international actions and cooperation.
Photo by Artur Kraft