www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China plays key role in partnering IMF to provide for low-income countries

(Xinhua) Updated: 2015-07-17 11:04

ADDIS ABABA - China has been playing an important part in partnering international financial institutes like the International Monetary Fund (IMF) for its programs targeted for the low-income countries, a deputy chief of the Fund said.

Zhu Min, deputy executive director of IMF, told Xinhua on the sidelines of the Third International Conference on Financing for Development held in Addis Ababa, the Ethiopian capital, that China is not only a share-holder of the Fund but also offered generous funding support for its programs designed for the low-income developing countries.

"With China's support, we have been able to increase our preferential loans to the countries in need as well as to expand technological support to the low-income countries for them to build capacity to enhance tax revenue, train professionals, develop domestic financial markets and maintain macro-economic stability," said Zhu.

"We consider that as a developing country itself, China has played a key role in assisting the developing world through the cooperation with international financial institutes," he added. "IMF extends its gratitude to the Chinese government for its contributions."

Chinese Finance Minister Lou Jiwei, who attended the conference on behalf of President Xi Jinping, said China will partner with various parties to actively secure financing for development to achieve sustainable growth and shared prosperity in the world.

Lou said as the world's largest developing country, China benefited a lot from the international financing cooperation and in return contributed actively to the process. Over the past few decades, China has extended assistance to over 120 developing countries to invest in health, education, climate change and agriculture.

IMF is among a couple of international financial institutes that have been active in assisting the developing world. But as world leaders gather at Addis Ababa to plan the source of financing for the globe's Sustainable Development Goals (SDGs) in the coming 15 years, promises are expected to be made by traditional donor countries in terms of how to chart the way forward, which involves trillions of dollars in investment per year.

Earlier, IMF, together with a number of multilateral development banks, unveiled plans to extend more than $400 billion in financing over the next three years in support of the post-2015 development SDGs agenda.

At the conference, Zhu also announced that IMF will, immediately effective, expand access to all its concessional facilities by 50 percent, and offer more concessional financing for the poorest and most vulnerable countries.

"It is not easy for IMF. Historically, for the first time, IMF decided to lift 50 percent of our finance resources for low-income countries and drop interest rates of long-term concessional financing to zero," Zhu said, adding that the IMF will also partner the World Bank to launch an initiative to help developing countries strengthen tax revenue and stem illicit financial outflows.

He said financing, bringing technical support to help low- income countries mobilize domestic capacity to finance development, and advising member states to maintain macro-economic stability are the three main functions of international financial institutes like the IMF in terms of advancing the world's post-2015 development agenda.

On the issue of the IMF 2010 reforms, Zhu said the Fund has to reflect the new economic structure of the world, where in the past ten to twenty years low-income and emerging countries grew strongly and their share of economy increased dramatically.

"We have to bring in more balance in voting shares, voices, and SDR (special drawing rights) shares as well. This is the reason the 2010 IMF reforms are very important," Zhu said. "For obvious reasons we understand that the American Congress had not yet approved the reforms. As the US remains the largest share-holder of the IMF, no reforms can be passed without the US approval."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 97国内免费久久久久久久久久 | 亚洲精品在线免费观看视频 | 色色视频免费网 | 美女视频永久黄网站免费观看韩国 | 性做久久久久久免费观看 | 超薄肉色丝袜精品足j福利 超级乱淫视频aⅴ播放视频 | 中文国产成人精品久久一区 | 国产精品久久久久久久午夜片 | 国产成人精品一区二区 | 久草在线免费资源 | 香港台湾经典三级a视频 | 久久久国产在线 | 日本一本久道 | se就是色94欧美setu | 亚洲黄色软件 | 真实的国产乱xxxx | 久久综合精品不卡一区二区 | 国产美女做爰免费视频软件 | 国产成人免费高清在线观看 | 国产又色又爽黄的网站免费 | 成人高清在线观看播放 | 国产第2页 | 欧美成人特黄级毛片 | 在线成人毛片 | 亚洲免费一区 | 一本色道久久综合网 | 日韩视频一区二区三区 | 亚洲激情视频网 | 一级二级三级毛片 | 在线播放成人毛片免费视 | 国产激情一区二区三区成人91 | 久草免费公开视频 | 毛片免费网址 | 黄视频在线免费 | 我要看a级毛片 | 日韩在线高清视频 | 日本苍井一级毛片 | 特级做a爰片毛片免费看一区 | 日韩a级毛片免费视频 | 亚洲成人一区二区 | 亚洲男人的天堂在线观看 |