Governments urged to direct resources in manufacturing to create jobs and reduce poverty

African countries need to channel their resources to activities in industry, manufacturing and modern services in order to create more employment and improve the welfare of vulnerable groups, Deputy Executive Secretary of the United Nations Economic Commission for Africa, Abdalla Hamdok, said today in Abuja. The continent should focus on developing a manufacturing sector that is interlinked to other sectors of the economy and is capable of raising productivity,” Hamdok said today at the opening of a meeting of African finance, economy and development experts in the Nigerian capital. Present at the opening were representative of the Government of the Federal Republic of Nigeria, Mr Anatole Yehoan Tohougbe, Chairperson of the Outgoing Bureau of the Committee of Experts, Mr Abraham Nwankwo, Director General of Debt Management Office, Federal Republic of Nigeria; African Ambassadors; Members of the Diplomatic Community; and Senior Officials from Ministries of Finance, Planning and Economic Development as well as Central Banks.

Saved in:
Bibliographic Details
Format: Press release biblioteca
Language:eng
Published: 2014-03
Online Access:https://hdl.handle.net/10855/31778
Tags: Add Tag
No Tags, Be the first to tag this record!