Wednesday, 08 July 2015 00:00

Pan African CSO Conference 7-8 July 2015 - Press Release

Pan African CSO Conference on Financing for Development
A Preparatory Meeting
7th – 8th July 2015; Imperial Golf View Hotel, Entebbe

Press Release
Minister of Finance, Planning and Economic Development Hon. Caroline Okao

"The Uganda National NGO Forum in collaboration with Reality of Aid Africa Network have organized a two day Pan African CSO conference in preparation for the third United Nations International Conference on Financing for Development in Addis - Ethiopia. The proposed meeting will take place in Entebbe Uganda on the 7th and 8th of July at Imperial Golf Hotel. The meeting will bring together over 70 delegates from across the continent.

The conference seeks to debrief and acquaint the participants on the process and the status of the Addis Ababa outcome document, develop key common messages for the African CSOs delegations towards the CSO and the Official UN FFD outcome documents, and issue the African CSO statement on UN FfD process.

The Third International Conference on Financing for Development (FfD) will take place on 13-16 July 2015, in Addis Ababa, Ethiopia and will bring together Heads of State or Government, ministers for finance, foreign affairs and development cooperation, and other special representatives. The conference will result both in an intergovernmental negotiated and agreed outcome. The conference will seek to Review the implementation of the Monterrey Consensus and Doha Declaration on Financing for Development; Address new challenges in the mobilization and effective use of financial resources for sustainable development; and Reinvigorate the Financing for Development follow-up process.

As the world prepares for the Financing for Development conference, it is important that we take stock of the current financing architecture; the use of both domestic and foreign resources, public and private resources and innovative financing mechanisms.
“It is important to deliberate on the challenges caused by corruption, capital outflows and trade imbalances as these have an adverse impact on financing for Development” Minister of Finance, Planning and Economic Development Hon. Caroline Okao

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