Sixth Session of the Conference of African Ministers of Finance:Statement by K. Y. Amoako United Nations under secretary general and executive secretary of the economic commission for Africa
Statement by K. Y. Amoako, UN Under-secretary-general And Executive Secretary, The Economic Commission for Africa at the Sixth Session of the Conference of African Ministers of Finance. Mr. Amoako, on his remarks highlighted that, a number of positive developments, including political changes, which have ushered in political pluralism in many African countries, have given impetus to increased activity in African capital markets. The rates of return on foreign direct investment have generally been much higher in this region. On the subject of capital markets, permit me to make three observations. First, capital markets should serve far broader functions. The Forum brings together expertise within Africa with leaders of major exchanges and financial experts from around the world to share information, provide training opportunities, and commission research. There are issues of evolving partnerships which bring into question evolving conditionality. It is not too much to state that the whole future of the World Bank's IDA window depends upon the productivity and results of evolving partnerships with Africa.
| Format: | Speech biblioteca |
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| Language: | eng |
| Published: |
1997-03
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| Online Access: | https://hdl.handle.net/10855/47487 |
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