Statement by Carlos Lopes UN Under-Secretary-General and Executive Secretary of ECA Addis Ababa, Ethiopia 27 January 2016

Statement by Mr. Carlos Lopes, UN Under-Secretary-General and Executive Secretary, ECA at the 28th Ordinary Session of the African Union Executive Council. Mr. Lopes highlighted on his remarks that, the fundamentals for our economic prospects are there and intact. We continue to register the highest growth within a global slump, our international reserves took a beaten, but this is to be put in contrast with still internationally low debt levels, public deficits are still under control, and steady increase in investments from many , although not all, sources. Recent Summits with India and China, our two demographically equivalents, demonstrated trust in our future. The major and important steps required for the implementation of the new universal Sustainable Development Goals and its Africa-focused priorities. Huge differences in the distribution and exercise of political and economic power result in violent conflicts, in absence or failure of a political mechanism to address inequality. Inequality between groups rather than individuals is probably the foremost cause of conflict in Africa.

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Bibliographic Details
Format: Speech biblioteca
Language:eng
Published: 2016-01
Online Access:https://hdl.handle.net/10855/36659
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