The Sustainable Development Goals of the UN, What Are They ? By Mark Darko

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Perhaps you’ve heard about the Sustainable Development Goals of the UN and you’ve been wondering what all these are really about….

Well, the Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity.

The 17 SDGs are integrated—they recognize that action in one area will affect outcomes in others, and that development must balance social, economic and environmental sustainability.

Countries have committed to prioritize progress for those who’re furthest behind. The SDGs are designed to end poverty, hunger, AIDS, and discrimination against women and girls.


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The creativity, knowhow, technology and financial resources from all of society is necessary to achieve the SDGs in every context.

Though the goals are broad and interdependent, in July 2017 the SDGs were made more “actionable” by a UN Resolution adopted by the General Assembly. The resolution identifies specific targets for each goal, along with indicators that are being used to measure progress toward each target. The year by which the target is meant to be achieved is usually between 2020 and 2030. For some of the targets, no end date is given.

To facilitate monitoring, a variety of tools exist to track and visualize progress towards the goals. All intention is to make data more available and easily understood. The SDGs pay attention to multiple cross-cutting issues, like gender equity, education, and culture cut across all of the SDGs. There were serious impacts and implications of the COVID-19 pandemic on all 17 SDGs in the year 2020

The 17 SDGs are:

(1) No Poverty,

(2) Zero Hunger,

(3) Good Health and Well-being,

(4) Quality Education

(5) Gender Equality

(6) Clean Water and Sanitation

(7) Affordable and Clean Energy

(8) Decent Work and Economic Growth

(9) Industry, Innovation and Infrastructure

(10) Reduced Inequality

(11) Sustainable Cities and Communities

(12) Responsible Consumption and Production

(13) Climate Action

(14) Life Below Water

(15) Life On Land

(16) Peace, Justice, and Strong Institutions

(17) Partnerships for the Goals.

 

The ambition is laudable, but there is still a long way to go to achieve many of the goals. Despite progress, more than 780 million people live below the international poverty line. Worldwide, 152 million children are still involved in child labour. And climate change threatens to reverse progress on all levels. What’s more, the goals only provide a framework. It’s up to governments but also businesses and civil society to take action to ensure they are achieved.

In subsequent articles, we will examine each of the SGDs individually and discuss how their achievements impact on the world economy.

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🔼GSE DAILY GAINERS ➖ PRICE ➖ %CHANGE
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〽Inflation rate in Ghana ➡ 27.60% (🔺️+16.95%)

🏦Ghana Reference Rate ➡ 20.80% (🔺️+15.30%)

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¶ TREASURY RATES💸
91 – Day Discount Rate 24.0940% Interest Rate 25.6383%
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364 – Day Discount Rate 21.5238% Interest Rate 27.4272%
1 Year Fixed Note Interest Rate 16.5672%
2 Year Fixed Note Interest Rate 21.5000%
3 Year Bond Interest Rate 25.0000%
5 Year Bond Interest Rate 22.3000%
6 Year Bond Interest Rate 21.7500%
7 Year Bond Interest Rate 18.1000%
10 Year Bond Interest Rate 19.7500%
20 Year Fixed Rate Bond 20.2000%

🛢Petroleum Products – Average Price
🏗Petrol – Gh¢10.99/ltr (YTD-🔺️+62.81%)
🛢Diesel – Gh¢13.20/ltr (YTD-🔺️+95.55%)
⛽LPG – Gh¢10.25/kg (YTD -🔺️+26.23%)

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🔼GSE 2022 GAINERS ➖ PRICE ➖ YTD%
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TBL ➡Gh¢0.44 🔼+29.41%
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MTNGH ➡Gh¢0.87 🔻-21.62%
IIL ➡Gh¢0.04 🔻-20.00%

💧MUTUAL FUNDS IN GHANA♣️
📈EQUITY FUNDS ➰YTD%
Databank EPAcK 🔼+1.54%
Republic Equity Trust 🔼+1.27%
Heritage Fund 🔻-1.59%
SAS Fortune Fund 🔻-0.17%

⚖BALANCED FUNDS ⏸ YTD%
EDC Balanced 🔼+3.35%
Databank Bfund 🔼+5.27%
Fidelity Balanced Trust 🔼+5.55%
Enhanced Equity Beta Fund 🔼+2.18%
CCMF 🔼+5.70%
CDH Balanced Fund 🔼+2.34%
CM Fund 🔼+6.09%
Dalex Vision Fund 🔼+6.22%
Plus Balanced Fund 🔼+10.02%
Elite Mutual Fund 🔼+6.06%
Republic Future Plan Trust 🔼+2.97%
Databank EdiFund Tier 2 🔼+5.55%
UMB Balanced Fund 🔼+6.28%

⚙FIXED INCOME FUNDS 🛡YTD%
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Databank Mfund 🔼+8.20%
Fidelity Fixed Income Trust 🔼+6.69%
Financial Independence Fund 🔼+7.63%
Fixed Income Alpha Plus 🔼+8.13%
Nimed Fixed Income Fund Tier 1 🔼+6.58%
Nimed Fixed Income Fund Tier 2 🔼+7.01%
OctaneDC Bond Fund 🔼+7.39%
Plus Income Fund 🔼+7.78%
STANLIB Income Fund Trust 🔼+8.34%
Databank EdiFund T1 🔼+8.36%

MONEY MARKET FUNDS ⏱YTD%
SAS Midas Fund 🔼+7.08%
Octane DC Money Market Fund 🔼+6.67%
First Fund 🔼+6.34%
Stanlib Cash Trust 🔼+7.33%
EDC Money Market Fund 🔼+7.34%
Republic Unit Trust 🔼+6.17%
Sirius Opportunity Fund 🔼+7.70%

COMMODITIES MARKET
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*Coffee ☕ $/pound $222.10 -1.15 -0.52%
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Sources: Bank of Ghana, Bloomberg, GSE, Reuters, Doobia, BBC, Graphic Business

Mark Darko, Accra.

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