April 16, 2014
 
 
 


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Latest News

Tuesday, 25 March 2014 00:00

IMFOn 10th March 2014, the Cameroonian capital Yaoundé hosted a regional conference to discuss ways to leverage resources to finance infrastructure projects. The event gathered senior policymakers from the Economic Community of Central African States (ECCAS), academia and private sector representatives, as well as experts from international institutions who reviewed types of financing available for infrastructure projects such as loans or PPPs. Details of this event organized by the IMF and Cameroon – agenda, presentations, speakers’ list – are available here, among which this presentation by the IMF’s Fiscal Affairs Department entitled Managing Fiscal Risks from Public-Private Partnerships. 

 
Friday, 21 March 2014 15:25

New RulesIn recognition of the 5th anniversary of the G20 London Summit, the Overseas Development Institute, in cooperation with Development Finance International and New Rules for Global Finance, is hosting a public discussion on “Is Global Governance Fit for Purpose?” on Tuesday 1st April. The event will launch the Global Financial Governance and Impact Report published by New Rules in collaboration with ten additional organisations. This report assesses how well the G20, IMF, World Bank, FSB and global tax system are governed, and whether they are having the desired positive impact: have they achieved their goal and made global financial governance fit for purpose, so that it is having a positive impact on the world’s citizens? Find registration and more information about the event here.

 
 
 
Monday, 17 March 2014 00:00

Unesco PublicationEducation related country budget and expenditure data contained in the joint DFI/Oxfam 2013 Report and the GSW database contributed to the work of analysis for the latest installment of the Education For All Global Monitoring Report published by UNESCO. The 2013/2014 report provides an update on the six Education For All goals, presents evidence that progress in education is vital for achieving post-2015 development goals and highlights the importance of strong policies to unlock the potential of teachers to help them face the global learning crisis. A summary of the UNESCO report is also available here as well as other related information

 
 
 
Monday, 03 March 2014 00:00

Africa risingChristian Aid and Tax Justice Network Africa have released “Africa Rising? Inequalities and the essential role of fair taxation”, a report which explores the link between tax policy and inequality. Focusing on 8 African countries (Kenya, Ghana, Sierra Leone, Nigeria, Zambia, Malawi, Zimbabwe and South Africa), the report reveals that despite a robust growth rate and some positive progress in essential services such as health and education in recent years, income inequality in sub-Saharan Africa is set to worsen without a strong set of tax policy reforms at national and global level. To address this issue, the paper makes four recommendations: (i) at a national level, sub-Saharan African Governments should focus on raising tax revenues; (ii) a pan-African coordination of tax policies among sub-Saharan Governments and enhanced regional cooperation and information sharing; (iii) global reforms where the international community tackles financial secrecy and tax havens; and (iv) optimise the opportunity of the new post-2015 framework replacing the MDGs by ensuring that fairer taxation is at the core of the new forthcoming system of targets and indicators.

 
 
 
Friday, 14 February 2014 15:16

Leading GroupThe 12th Plenary Session of the Leading Group on innovative financing for development took place on January 17th in Abuja under the Nigerian presidency. Among the various issues discussed, the day-long plenary event clarified the categorisation of existing initiatives of innovative financing and discussed the state of the international mobilisation in favour of solidarity taxes. It also started a debate on initiatives of innovative financing for climate change. Finally, it was announced that a workshop of international experts aiming to follow up on the various issues discussed in Abuja is planned for the Spring 2014 in Paris. The agenda, event summary, keynote speeches and related documentation are all available on the Leading Group website.

 
 
 
Monday, 27 January 2014 00:00

Framing FinanceExperts from the private sector, academia, NGOs, UN agencies and government gathered in November 2013 for a consultation meeting in preparation for the 2014 installment of the Africa Progress Report. A central question underpinned the meeting: what kind of development finance does Africa need to build a sustained and inclusive growth? The consultation panel discussed a variety of topics: transforming agriculture and fisheries; developing infrastructure; mobilising investment; improving taxation; and better use of aid. A summary publication details the framework of the discussion and provides some background papers.

 
 
 
Thursday, 16 January 2014 00:00

Eurodad ReportA report published by Eurodad urges for a comprehensive review of the reporting DAC system which allows concessionality to be assessed as ODA. It highlights a growing trend among EU donor states who try to meet their aid commitments while making a profit with high interest loans to developing countries. The paper discusses the main developments in the concessionality debate over the past decade and proposes recommendations on how to optimise the developmental benefits of this reform. 

 

 
 
 
Wednesday, 11 December 2013 04:20

Taxing BusinessThe Global Campaign for Education has used some data from the GSW initiative as a resource for its recent report A Taxing Business: Financing Education For All Through Domestic Resources . It identifies four major steps towards achieving increased domestic resources, primarily through improved taxation and revenue-generation from natural resources, and highlights the vast impact this could make on ensuring quality, public education for all.

 
 
 
Thursday, 05 December 2013 00:00

website lauch logo 2The GSW website and database were launched in Brussels at an event held during the European Development Days. On the panel, DFI Director Matthew Martin began by detailing some of the key findings from the 2013 GSW report, as well as showcasing the GSW website and database, and after which he outlined some of the key steps moving forward for the initiative. Natalia Alonso, Head of Oxfam’s EU Advocacy office, briefed the audience on the campaigning work done by Oxfam surrounding government finance, before Patrice Sanon, Founder and Executive Director ODSAD (Burkina Faso) emphasised the importance of the website, and the crucial need to have up to date data to be able to successfully hold Governments to account. The panel discussion was then followed by a lively debate with many in the audience commending the initiative, as well as being eager to discuss its next steps. The full audio of the event is available here,  along with additional pictures.

 
 
 
Monday, 02 December 2013 00:00

WDR2014-ReportThe World Bank’s World Development Report 2014: risk and opportunity – managing risk for development - argues that poor risk management reduces the chances of ending poverty and boosting shared prosperity, and demonstrates that an ability to manage risk can significantly contribute to development by saving lives, averting economic losses, creating opportunities, and helping people build better, more secure futures. The Overseas Development Institute held the UK launch of the report and you can watch the video and download the World Bank’s presentation here.

 
 
 
Friday, 22 November 2013 00:00

African Central Gov DebtThe OECD has published the 2013 edition of the Central Government Debt Statistical Yearbook. An analytical tool primarily for debt managers, this latest installment provides improved quantitative statistics on African central government debt issuance, as well as bilateral, multilateral and concessional. It is envisaged that future editions will include general government debt. Countries included in this fourth edition are Angola, Cameroon, Gabon, Kenya, Madagascar, Malawi, Mauritius, Morocco, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Tanzania, Tunisia, Uganda and Zambia.

 
 
 
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