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In: Accounting

Several of the SDG relate to poverty, hunger, health insurance, and economic growth. Give an example...

Several of the SDG relate to poverty, hunger, health insurance, and economic growth. Give an example of how SDGs can affect these goals in a positive way.

Solutions

Expert Solution

SDG can focus on the optimum utilisation of the economic resources of the nation. It can ensures significant mobilization of resources from a variety of sources, including through enhanced development cooperation, in order to provide adequate and predictable means for developing countries, in particular least developed countries, to implement programmes and policies to end poverty in all its dimensions. This will help to accelerate economic growth of the country.

It can works on reducing income inequality in the country by imposing high taxes and other charges on the high income earnings groups and providing subsidy to the low income groups. This approach will help to minimise hunger and poverty rate in the nation by promoting low income groups to develop.

It can conduct health care programs at different regions to spread awareness about various disease. It can provide proper and cost effective medical treatment in the rural areas to deal with health issues.


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