Opening Address at the meeting of the committee of experts : by Dr. Ngozi Okonjo-Iweala minister of finance of the federal republic of Nigeria
Opening Address at the Meeting of the Committee of Experts by Dr. Ngozi Okonjo-Iweala Minister of Finance of the Federal Republic of Nigeria at the Thirty-eighth Session of the Commission/Conference of African Ministers of Finance, Planning and Economic Development. Dr. Okonjo-Iweala, on his remarks highlighted that, The slow progress that our continent is making towards the MDGs is, There is broad consensus (more so in the international community than in Africa) on what needs to be done to reach the MDGs. What is required now is the political will to act and make available the additional resources needed to overcome the shortfall that countries face in achieving the MDGs. The Monterrey Consensus provides the framework for taking actions to accelerate progress towards the MDGs. Most countries in Africa have made significant progress in reforming their economies for growth. As a result, macroeconomic stability and higher levels of economic growth have been achieved. Many African countries have experienced faster growth, single-digit inflation, improved governance and increased political stability. Developed countries, on their part, need to complement these efforts with commitments to deliver on additional financial aid, through opening their domestic markets to developing country exports and providing wider and deeper debt relief. More aid, which is predictable, timely, long-term and more effective, is also required.
| Format: | Speech biblioteca |
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| Language: | eng |
| Published: |
2005-05
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| Online Access: | https://hdl.handle.net/10855/47395 |
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