Browse

You are looking at 1 - 10 of 99 items for :

Clear All
International Monetary Fund. External Relations Dept.

“There is no end in sight to the misuse of power by those in public office—and corruption levels are perceived to be as high as ever in both the developed and developing worlds,” said Peter Eigen, Chair of Transparency International, speaking at a Paris press conference in June to launch the nonprofit organization’s Corruption Perceptions Index 2001. “There is a worldwide corruption crisis,” he continued, “and that is the clear message from the Corruption Perceptions Index 2001, which reflects the degree to which corruption is perceived to exist among public officials and politicians. Scores of less than 5 out of a clean score of 10 are registered by countries on every continent, including members of the Organization of American States and the European Union.”

International Monetary Fund. External Relations Dept.

Amid blaring headlines on Iraq, war, and reconstruction, several African finance ministers and a central bank governor held a press briefing on April 11 in Washington to remind the world that their continent’s needs required urgent and continued attention. Charles Konan Banny (Governor of the Central Bank of West African States), Benjamin Radavidson (Madagascar), Timothy T. Thahane (Lesotho), Joseph B. Dauda (Sierra Leone), and Gerald M. Ssendaula (Uganda) reported on progress with the New Partnership for Africa’s Development (NEPAD), highlighted pressing issues, among them market access, meeting the UN’s Millennium Development Goals, and debt relief. They appealed to donors to attend to Afghani and Iraqi needs but not withdraw support for Africa’s determined effort to reduce poverty.

International Monetary Fund. External Relations Dept.

At the African Union summit in Maputo, Mozambique, in July and the IMF-World Bank Annual Meetings in Dubai in late September, African leaders underscored their commitment to sound policies and good governance but expressed strong frustration with donor countries’ slowness in keeping up their end of the bargain. Abdoulaye Bio-Tchané, who has headed the IMF’s African Department for the past two years after serving as Benin’s Minister of Finance and Economy, talks with Laura Wallace about what he sees as the biggest stumbling blocks to ensuring a better future for the African continent.

International Monetary Fund. External Relations Dept.

Leaders of the IMF and the World Bank met for the first time with leaders of the World Council of Churches (WCC) in Geneva on October 22. The meetings followed a number of staff-level discussions since 2002 on issues related to poverty reduction and development. The leaders acknowledged significant areas of common ground between the Bretton Woods institutions and the WCC but also continuing differences that need to be further explored.