15 May - Abuja. South
African Minister of Finance and Commissioner Trevor
Manuel presented the report of the Commission for Africa at
the annual United Nations Economic Commission for Africa
(UNECA) gathering of Ministers.
In the presence of UNECA Executive Secretary and Commissioner KY
Amoako, Mr. Manuel stressed that Africa’s
economies are growing at faster rates than other world
regions, reflecting that Africans are making the tough
decisions that are needed. He said the Commission for
Africa had come out strongly in support of African
institutions, but these needed external resources if
they were to make progress in policies needed to reach
the MDGs.
In their closing statement, the finance ministers
said: We recognize, however, that in the immediate
term our progress towards the MDGs must be accelerated
through a significant increase in resources from outside.
Our capacity to absorb aid has increased making it
possible for us to make good use of additional resources
. We therefore endorse the call from the Commission
for Africa's report for “a big push” in
financial support for Africa from the international
community in line with the global commitment to meeting
the MDGs, and in particular, the Commission's proposal
for a major fund to develop African infrastructure.
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