Noticias
9 October - LIC Ministers Demand Their Fair Share of Global Tax Revenues
Following their first meeting in October 2012 in Tokyo, Francophone Finance Ministers met in Washington DC on 9th October in the margins of the World Bank and IMF Annual Meetings.
Three main issues were on the agenda: (i) the revision of the current international taxation system which doesn’t take developing countries’ problems into account and which could translate into an unequal distribution of tax revenues from transnational companies paying taxes in their headquarters countries rather than in the countries where the source material are produced; (ii) the redefinition of aid by the DAC: ministers urged OECD donors to not only maintain aid flows but to also include lower-middle income countries as beneficiaries, and to choose a simple and transparent level of concessionality; (iii) the growing issues related to debt sustainability and vulture funds: ministers urge the international community to adopt laws prohibiting lawsuits against countries in favour of vulture funds and to use the UN backed legal framework for sovereign debt restructuring which is more rapid, comprehensive, transparent and impartial.
These issues were later presented in by the chair of the LIC Ministers’ network Mr. Patrice Kitebi, Deputy Finance Minister of DRC, at a press briefing attended by media and CSO representatives. You can download the press note here 
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8 October - Reducing Inequality: Do the IMF, World Bank and Other Global Institutions Have an Impact?
New Rules for Global Finance, in collaboration with its partners released the 2014 Global Financial Governance & Impact Report. Chaired by DFI Director Matthew Martin, the launch event kicked off with a keynote speech by Thomas Bernes, former Executive Director at the IMF and head of IMF’s IEO and high-level official at the World Bank and regional development banks. After a presentation of the report’s findings on the governance and impact of key international financial rule-making bodies (G20, IMF, World Bank, FSB, UN and OECD), panelists from the IMF, Jubilee Bolivia and InterAction discussed the challenges of assessing the development impact of financial institutions and development finance in developing countries, with a particular focus on the impact on poverty and inequality.
7 October - Sovereign Debt Restructuring That Works for All
DRI participated in this workshop co-sponsored by the Center for Innovation in Global Governance (CIGI) and New Rules for Global Finance, and hosted by Jubilee USA. Participants from developing countries, civil society and think tanks discussed current proposals for reforming sovereign debt restructuring processes, ranging from clauses in bond agreements to fair and transparent arbitration. This workshop is part of a consultation on sovereign debt restructuring organised by New Rules for CIGI.
21 August - Domestic Resource Trends for Education
The "Financing Education for All: domestic resource trends for education in developing countries" brief was produced by GSW to coincide with the Global Partnership for Education's (GPE) replenishment conference on 26th June 2014. GPE is the only multilateral partnership devoted to getting all children in the world's poorest countries into school and learning. This partnership of governments, civil society, international organisations, students, teachers unions, foundations, and the private sector together help developing countries access critical technical and financial resources, to achieve their education goals. On June 26th all partners met to pledge new resources for the period 2015-2018.
20 August - Health Care For The Poorest: Are Governments Delivering On Their Commitments?
GSW produced “Providing health care for the world’s poorest: are governments delivering on their commitments?”, a brief to inform and support Oxfam and partners health campaigning. Using GSW data it analyses progress by developing countries - with a focus on Africa - in meeting two key financial targets for health spending. It finds that far too many countries are not meeting these targets, and investment in health in many countries is not growing at a sufficiently ambitious level. It concludes that with less than 500 days to go to fulfill the MDGs, this is no time to be reducing or slowing down spending. Estimates suggest that in 2015 one million child deaths will still need to be prevented to achieve the MDG goal 4 of cutting child deaths by two-thirds. On current progress, the world will not meet MDG 4 until 2028, which is 13 years later than the target deadline. Meanwhile, to meet the target of reducing maternal mortality by two-thirds, progress would need to be quadrupled between now and 2015.
