Noticias
6 October - World Bank Must Adopt Coherent Policies to Help LICs Collect Tax
Finance ministers from low-income Francophone countries met in Washington on 6th October 2016 to discuss financing for development with other Francophone countries. Under the aegis of the International Organisation of La Francophonie (OIF), DFI helped convene this meeting in the margins of the Annual Meetings of the IMF and the World Bank.
Chaired by Mr. Abdoul Aziz TALL, Minister in the Presidency for the Plan Senegal Emergent, and co-chaired by Mr. François Maurice Gervais RAKOTOARIMANANA, Minister of Finance and Budget of Madagascar; and Mr. Ousmane Alamine MEY, Minister of Finance of Cameroon, the meeting was an opportunity for LIC ministers to take stock of work in 2015-2016 among Francophone countries to analyse how to finance their development and on domestic resource mobilisation.
13 September - DFI Contributes to UNESCO’s Flagship Education Report
DFI was commissioned by UNESCO to provide a background paper and case studies which were used for the new Global Education Monitoring Report. This publication series provides independent monitoring and reporting of the Sustainable Development Goal on education (SDG 4) and on education in the other SDGs, for the next fifteen years.
The 2016 instalment entitled “Education for People and Planet: Creating Sustainable Futures for All” aims to bring insight for governments and policymakers to monitor and accelerate progress towards SDG 4.
2 September - Social Spending Fall in DRC
Despite stable overall public spending figures, DRC’s expenditure in some key social sectors as percentage of total expenditure has declined from 2014 to 2015, notably in health and agriculture. GSW’s latest country spending summary highlights DRC’s shift of budgetary priorities in an election year where government spending seems to be reoriented towards public order and security, and infrastructure projects.
19 August - Eurodad Paper on Debt in Developing Countries
Brussels-based organisation Eurodad has published a discussion paper which analyses the evolving nature of debt in developing countries and investigates currently available solutions for change. In a context where developing country debt is increasing, despite taking a relative downward path between 2000 and 2010, this report aims to figure out the reasons behind this debt burden increase, analyse the risk of new debt crises and to examine the changing nature of the type of debt countries are now facing. It also makes recommendations for sustainable and progressive solutions to prevent further debt crises and to improve policy processes of crisis resolution and management.
3-5 August - BWIs’ Role in Mobilising Tax Revenues, Cotonou
DFI and OIF helped prepare and facilitate a session at the Caucus of African Governors of the IMF and World Bank, held in Cotonou, analysing how to enhance the role of the BWIs in assisting African governments with revenue mobilisation.
The session discussed the role of the two institutions in providing policy advice, technical assistance and capacity-building support, as well as the potential for the World Bank to stop asking for tax exemptions on World Bank and especially IFC projects, and for it to drop the Doing Business tax sub-criterion which encourages cuts in corporate tax rates. The conclusions of the meeting were incorporated into a Memorandum by African governors, to be discussed with Managing Director Lagarde and President Kim in October.
