Statement by Mr. Abdoulie Janneh, UN under secretary general and executive secretary of ECA : 5th meeting of the committee of experts of the African union conference of ministers of economy and finance and the ECA conference of ministers of finance, planning and economic development

Statement by Mr. Abdoulie Janneh, UN Under-Secretary-General and Executive Secretary of ECA at the 5th meeting of the Committee of Experts of the African Union Conference of Ministers of Economy and Finance and the ECA Conference of Ministers of Finance, Planning and Economic Development. Mr. Abdoulie Janneh emphasized on his remarks that, Africa’s growth performance is all the more remarkable in the face of continued global economic uncertainty occasioned by the sovereign debt crisis in the euro zone, huge global imbalances, high unemployment and widespread social unrest triggered by the pains of adjustment and fiscal retrenchment. Moreover, we cannot ignore the reality that Africa continues to face numerous challenges. Poverty and inequality continue to be very much part of the social and economic fabric of African countries and the spectre of high food and fuel prices is again with us at a time of possible drought and famine in the Sahel. African countries also have very close trade, monetary, aid, and investment ties with Europe and will certainly be negatively affected by further deterioration of conditions in the euro zone.

Bibliographic Details

Format:	Speech biblioteca
Language:	eng
Published:	2012-03
Online Access:	https://hdl.handle.net/10855/31518
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