Illicit financial flows continue to impede Africa’s development, says ECA’s Boko at HLPD 2018

Speaking at the on-going High-Level Policy Dialogue on Development Planning in Africa, which is underway in Cairo, Egypt, Mr. Boko, Principal Regional Advisor and Head of Development Planning and Statistics at the ECA, said it was unacceptable that Africa’s development agenda continued to be hampered by such illegal actions. Mr. Boko said challenges to SDG financing on the continent include own-source revenue generation, access to ODAs and foreign direct investments, and new or innovative long term financing; and international capital markets; global economic downturns, natural disasters, geopolitical tensions or conflicts; institutional and administrative capacities and insufficient or inefficient intra-continental and international trade. The High-Level Policy Dialogue on Development in Africa is being held under the theme; Financing the Sustainable Development Goals in Africa: Strategies for Planning and Resource Mobilization. The meeting is being attended by high level participants from member States, including Ministers of Planning and Finance, Director Generals of Planning Commissions and others.

Saved in:
Bibliographic Details
Format: Press release biblioteca
Language:eng
Published: 2018-07
Online Access:https://hdl.handle.net/10855/45859
Tags: Add Tag
No Tags, Be the first to tag this record!