STATEMENT BY
MS.WAN NUR AZHANI SYAMIM ABD AZIZ
PERMANENT MISSION OF MALAYSIA TO THE UNITED NATIONS
AT THE GENERAL DISCUSSION OF THE SECOND COMMITTEE OF THE 80TH SESSION OF THE UNITED NATIONS GENERAL ASSEMBLY
ON AGENDA ITEM 16: MACROECONOMIC POLICY QUESTIONS; AND AGENDA ITEM 17: FINANCING FOR DEVELOPMENT
9 OCTOBER 2025, CONFERENCE ROOM 2, UNHQ
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Chair,
Malaysia aligns itself with the statements delivered by Iraq on behalf of the Group of 77 and China as well as by Brunei on behalf of ASEAN.
Chair,
- The Financing for Development framework remains an important factor in global efforts to achieve the SDGs. The world is currently facing a financing gap of over $4 trillion per year, a gap that continues to widen amid compounding crises, from geopolitical tensions to climate shocks.
- Malaysia views the Seville Commitment as a timely and strategic opportunity for the international community to reflect, recalibrate, and recommit to concrete financing solutions.
- High borrowing costs, and constrained fiscal space continue to impede progress in developing countries. Malaysia, therefore, supports a development-oriented debt architecture. At the same time, we call for reforms that ensure greater voice and representation for developing countries.
- On climate finance, Malaysia underscores that the transition to a low-carbon and climate-resilient future is not possible without equitable access to resources. We reaffirm our national commitment to achieve net-zero emissions by 2050, and we view climate finance as a key enabler of this goal.
- Malaysia supports the call for a more inclusive, transparent, and equitable global tax architecture. Domestically, Malaysia is implementing broad fiscal and structural reforms, including broadening the tax base, digitalising revenue systems, and rationalising subsidies, in an effort to strengthen financial governance and enhance fiscal resilience.
- Regionally, Malaysia aligns with ASEAN’s collective call to scale up investment in sustainable and digital transitions while upholding a fair and rules-based multilateral trading system. We will also continue to champion South-South and triangular cooperation as powerful vehicles for development partnerships.
- The path to 2030 is narrowing fast, but Malaysia remains optimistic that our collective efforts will bloom into a promising future. To that end, Malaysia stands ready to work with all partners to build a fair, inclusive, and forward-looking global financial system —one that prioritizes development and leaves no one behind.
Thank you.