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African Ministers to Consult on Strategies for Meeting the MDGs

ECA Press Release No. 02/2007

Addis Ababa, 21 March 2007 (ECA): African Ministers of Finance, Planning and Economic Development are to meet in Addis Ababa, Ethiopia, from April 2-3 to discuss how to accelerate growth on the continent to meet the Millennium Development Goals (MDGs).

The meeting will also feature a panel discussion involving H.E. Benjamin Mkapa, former president of the United Republic of Tanzania, Indian Minister of State and Planning Commission member, Dr. Kirit S. Parikh, Mr. Bobby Godsell, the Executive Officer of AngloGold Ashanti, and eminent economists Sir Nicholas Stern and Jeffrey D. Sachs. President Mkapa also previously co-chaired the World Commission on the Social Dimension of Globalization, and was also a Commissioner on the Commission for Africa, set up by British Prime Minster, Tony Blair. The panelists will bring their considerable experience in global economic policy-making to enrich the discussion on strategies and the way forward to achieving the MDGs. One important area for discussion will be the design of the right mix of interventions that African countries need to implement in order to accelerate growth and development.

Other key topics for discussions include:

Growth, Employment and Inequality in Africa;

Scaling up Financing and Public Sector Investments;

Planning, Monitoring and Tracking Economic Performance;

Peace and Security; and Partnerships and Globalization.

A meeting of the Committee of Experts will precede the Conference from 29 March – 1 April. In addition to the Ministers, more than 200 participants - including central bank governors, leading academics and researchers, and international partners - are expected to attend.

The theme for the conference is: Accelerating Africa's Growth and Development to meet the MDGs: Emerging Challenges and the way forward. The theme will serve as a powerful reminder to African governments and international partners that the date for meeting the MDGs through much needed investments and policies will soon be past.

Recent assessments by ECA and others, conclude that Africa is at risk of not achieving the goals by the target date. September 2007 will mark the mid-point on the road to 2015, the date for achieving the MDGs.

Background:

The Conference of African Ministers of Finance, Planning and Economic Development is organized by the United Nations Economic Commission for Africa (ECA) every year. The meetings have become a key forum for agreement on strategy in tackling key challenges facing the continent. Last year's meeting, held in Burkina Faso, discussed the critical issue of employment creation in Africa, and developed a strategy, which has been endorsed by African heads of states and governments.

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For the Issues Paper, Programme of Work, and other documents related to this year's Conference, visit www.uneca.org/conferenceofministers

Documents from previous conferences, including Ministerial Statements, are also available at the same site.

Issued by the Information and Communication Service P.O. Box 3001

Addis Ababa Ethiopia

Tel: 251 11 5445098 Fax: +251-11-551 03 65 E-mail: ecainfo@uneca.org Web: www.uneca.org

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