Managing Director’s Statement to the International Monetary and Financial Committee on Financing Sustainable Development—Key Policy Issues and the Role of the Fund
Policy Papers, April 15, 2015
Source details
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- Managing Director’s Statement to the International Monetary and Financial Committee on Financing Sustainable Development—Key Policy Issues and the Role of the Fund
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Bibliographic details
- Published: April 15, 2015
- Series: Policy Papers
Summary
- "2015 is a pivotal year—a year when the international community will commit to a shared vision on goals for international development through 2030 and beyond."
- Achieving the Sustainable Development Goals (SDGs) will require a partnership among advanced, emerging, and developing economies, and international institutions to ensure required policies are put in place and that sufficient private and public resources are mobilized.
- "The Fund, with its global membership and mandate at both the national and multilateral levels, is uniquely positioned to contribute to this compact and help implement it."
Proposed IMF deliverables (as new deliverables the IMF is considering)
- "1. Boosting the access to IMF resources provided to developing countries, better positioning them to handle balance of payments needs as they pursue growth;"
- "2. Expanding diagnostic and capacity-building support for countries seeking to scale up investment to tackle infrastructure gaps;"
- "3. Sharpening the focus of operational work on equity, inclusion, and gender, drawing on ongoing analysis and work of other institutions;"
- "4. Increasing the focus on and resourcing of work on fragile/conflict-affected states;"
- "5. Selective expansion of capacity-building efforts in the areas"
Context and policy implications
- The statement situates IMF contributions within the global effort to implement a shared development vision through 2030 and beyond.
- Emphasis is on mobilizing both private and public resources alongside policy reforms to meet the SDGs.
- The IMF’s comparative advantage cited is its global membership and dual mandate at national and multilateral levels, enabling support both policy-wise and through capacity development.
Publication metadata and accessibility
- Publication date: April 15, 2015
- Full text availability: also available in français and español
Managing Director’s Statement to the International Monetary and Financial Committee on Financing Sustainable Development—Key Policy Issues and the Role of the Fund, April 15, 2015.
Content in this bundle
- Financing Sustainable Development — Section 1