PM proposes strategic guarantees for poverty eradication

Prime Minister Pham Minh Chinh delivered a speech at the G20 Summit in Rio de Janeiro on November 18 (local time), proposing three strategic guarantees for global poverty eradication.

Confirming Vietnam's determination to eradicate all temporary and dilapidated houses nationwide by 2025, five years ahead of the set target, Chinh shared three key lessons from Vietnam's success in poverty reduction.

Firstly, he emphasised that ensuring peace, stability, and development cooperation is a prerequisite for eradicating poverty and achieving inclusive growth.

Secondly, he underlined the necessity of ensuring a global agri-food system that is efficient, stable, adaptable, and resilient to climate change as a long-term foundation.

Thirdly, it is necessary to ensure investment in people, with education, training, and social welfare as key priorities to build a harmonious, inclusive, and sustainable society, he said.

This year’s G20 Summit marks the largest-ever gathering, with the participation from 21 G20 members, 19 invited countries, and 15 key international organisations.

Discussions centered on eradicating poverty, promoting inclusive development, and enhancing financial support for low-income countries to implement effective poverty reduction and sustainable development projects, among others./.