Tag: Economic Development
African leaders open Conference of African Ministers of Finance, Planning and Integration with encouraging messages on economic transformation
05 Apr 16 News“Our future rests in our hands,” declared Ethiopia’s Prime Minister, Mr. Haile Mariam Desalegn on Monday in his keynote speech at the opening of the Conference of the African...
Emerging economies affect global financial changes
05 Apr 16 NewsChanges in emerging market asset prices explain over a third of the rise and fall in global equity prices and exchange rates, according to new research from the International Monet...
African Governance Report IV: Rethinking how we measure corruption
04 Apr 16 NewsSince the 1990s, perception-based measures have been influential in determining levels of corruption on the continent. The fourth Economic Commission for Africa (ECA) African Gover...
Forecasting volatility in financial markets is the key for macroeconomic stability in COMESA region
24 Mar 16 NewsCOMESA Monetary Institute (CMI) is conducting a series of training programmes to help member States manage volatility in prices of their financial markets assets. The focus group f...
SADC Committee of Ministers of Finance and Investment agree to finalize the establishment of the SADC Development Fund
14 Mar 16 NewsSADC Committee of Ministers of Finance and Investment met on Saturday, 12 March 2016 in Gaborone, Botswana. The main objective of this meeting was to consider the outcome of the as...
Financially inclusive ecosystem will enhance COMESA integration agenda
08 Mar 16 NewsA financially inclusive ecosystem that takes on board all financial service providers will enhance the regional integration agenda espoused by the Common Market for Eastern and Sou...
UN panel chief, Thabo Mbeki, urges action plans to tackle illicit financial flow from Africa
22 Feb 16 NewsAddressing billions of illicit financial outflows from Africa is imperative as the continent needs domestic resources for its development, said the former President of South Africa...
Trade, finance and development: Overview of challenges and opportunities
04 Feb 16 NewsSustainable development is the Holy Grail of the international community, and the potential roles played by trade and finance lie at the heart of the search effort. The extremely r...
Of maize and money: How to bring farmers into the financial system
08 Jan 16 NewsNearly half of the world’s farmers are unbanked. This statistic is worrying given the evidence linking financial inclusion to poverty alleviation and since over 70 percent of the...
New study: Illicit financial flows hit US$1.1 trillion in 2013
05 Jan 16 NewsA December 2015 report from Global Financial Integrity finds that developing and emerging economies lost US$7.8 trillion in illicit financial flows from 2004 through ...
With continued rapid growth, Ethiopia is poised to become a middle income country by 2025
24 Nov 15 NewsOver the last decade, Ethiopia has made remarkable progress in its economic growth exceeding other low income and Sub-Saharan African countries, with real gross domestic product (G...
30 finance ministers in Kampala for UN economic summit
05 Nov 15 News
About 30 finance ministers from across the world have confirmed attendance of the Development Co-operation Forum high-level symposium in Kampala.
It is expected to contribute to...
Economic and Social Council President urges curtailing flow of illegal finances that cost Africa billions
26 Oct 15 NewsIn a “timely and necessary” meeting on illicit financial flows and their impact on development in Africa, Oh Joon, President of the United Nations Economic and Social Council (...
UNEP Inquiry shows how to align global finance with sustainable development
09 Oct 15 NewsThe heartland of the global economy, the financial system, can evolve to serve its core purpose of growing and sustaining the real economy.
A new UNEP report released at the Inter...
ICC Banking Commission Global Survey highlights impact of trade finance gap on SMEs
07 Oct 15 NewsThe International Chamber of Commerce (ICC) Banking Commission has released the results from its 2015 Global Survey on trade finance – highlighting the impact of the trade financ...
Shortage of long-term finance blunts progress in developing countries
15 Sep 15 NewsLong-term finance is essential for households, firms and sustainable development.
A shortage of long-term financing since the 2008 crisis is choking the investment-backed growth o...
Third G20 Finance Ministers and Central Bank Governors Meeting under the Turkish Presidency concluded in Ankara
07 Sep 15 NewsG20 Finance Ministers and Central Bank Governors convened for the third time under the Turkish Presidency in Ankara on 4-5 September 2015.
The meeting was attended by the Finance ...
Global Prospects and Policy Challenges: IMF Note prepared for the G-20 Finance Ministers and Central Bank Governors Meeting
04 Sep 15 NewsThe following Executive Summary is from a note by the Staff of the IMF prepared for the Third G-20 Finance Ministers and Central Bank Governors Meeting that took place on...
Finance ministers, central bank governors attend African Caucus in Luanda
27 Aug 15 NewsFrom 27-28 August in Luanda, the Republic of Angola will host the Meeting of the Ministers of Finance and Governors of the Central African Banks, the African Caucus, with the aim o...
SADC Ministers of Finance and Central Bank Governors meet in Bulawayo
05 Aug 15 NewsThe SADC Third Peer Review Panel meeting of Ministers of Finance and Central Bank Governors commenced in Bulawayo, Republic of Zimbabwe on 3 August 2015 to deliberate on key aspect...