{"id":56859,"date":"2013-05-16T13:05:52","date_gmt":"2013-05-16T13:05:52","guid":{"rendered":"http:\/\/www.sierraexpressmedia.com\/?p=56859"},"modified":"2013-05-16T13:05:52","modified_gmt":"2013-05-16T13:05:52","slug":"african-development-fund-governors-support-a-successful-adf-replenishment","status":"publish","type":"post","link":"https:\/\/sierraexpressmedia.net\/?p=56859","title":{"rendered":"African Development Fund: Governors support a successful ADF replenishment"},"content":{"rendered":"<p style=\"text-align: justify;\">ABIDJAN, C\u00f4te d\u2019Ivoire, May 15, 2013\/ <b>&#8212; <\/b>We, the African Development Fund\u2019s Governors, Planning and Finance Ministers from C\u00f4te d\u2019Ivoire, Ghana, Guinea, Liberia, Senegal and Sierra Leone attended the ADF-13 Presentation Workshop on the Fund\u2019s Priorities and Operational Strategies, in Abidjan, May 14, 2013.<\/p>\n<p style=\"text-align: justify;\">During this important meeting, many issues were raised concerning the impact the ADF is having in our countries and its role in the transformation of our economies. The Bank (<a href=\"http:\/\/www.afdb.org\/\" target=\"_blank\">http:\/\/www.afdb.org<\/a>) for instance, has delivered rapid budget supports to maintain and restore core basic services to the people in the region, at a time when some countries needed it most.<\/p>\n<p style=\"text-align: justify;\">We noted that the ADF is indeed a relevant channel of development financing. The Bank Group also plays an important role as the convener and voice of Africa. The ADF strategic orientation and operational priorities are aligned with the Continent\u2019s development agenda and countries\u2019 needs. Successive institutional reforms have strengthened the Bank Group\u2019s Delivery capacity, Responsiveness and Results-focus.<\/p>\n<p style=\"text-align: justify;\">The Bank\u2019s work in the field of infrastructure is very important, given Africa\u2019s huge infrastructure potential. We appreciate the establishment and augmenting of the ADF Regional Operations envelope, which is critical in supporting the Bank\u2019s ambitious regional integration agenda. For many African countries, regional solutions to the provision of public services, such as regional power grids and transportation networks, are more cost effective and provide better services and complement national programs.<\/p>\n<p style=\"text-align: justify;\">We support the building of capacity in the fields of public procurement, internal and external audits, managing revenues from natural resources, and enhancing domestic resource mobilization as they are important for resource rich countries in the region. We, therefore, are appreciative of the Bank\u2019s work and interventions in these areas.<\/p>\n<p style=\"text-align: justify;\">However, we do believe that the Bank Group could do more to support economic diversification and job creation, for the Youth especially, by helping to improve the productivity of private enterprises and micro, small and medium-sized agribusinesses as well as supporting economic and structural reforms with the highest impact on improving the business environment.<\/p>\n<p style=\"text-align: justify;\">Finally, we recognize that there are major challenges for the Bank and the Fund to mobilize resources at a time when many donor countries are facing some economic constraints. Nevertheless, we think that we need to keep the momentum and focus on the big picture, which is to help the Bank\u2019s Regional Member Countries transform their economies, create jobs, and reduce poverty. We hope the ADF-13\u2019s replenishment will meet our needs.<\/p>\n<p style=\"text-align: justify;\">Signed in Abidjan: 14 may, 2013<\/p>\n<p style=\"text-align: justify;\"><b>Monsieur Albert TOIKEUSSE MABRI <\/b>&#8211; Gouverneur du Groupe de la BAD et Ministre du Plan et du D\u00e9veloppement de la R\u00e9publique de C\u00f4te d\u2019Ivoire.<\/p>\n<p style=\"text-align: justify;\"><b>Mr. Mohammed M. SHEIRF &#8211; <\/b>Chief economist, Ministry of Finance of the Republic of Liberia<\/p>\n<p style=\"text-align: justify;\"><b>HON. Seth TERKPER &#8211; <\/b>Governor for the AfDB Group and Minister of Finance and Economic Planning of the Republic of Ghana<\/p>\n<p style=\"text-align: justify;\"><b>Mr. Ngouda Fall Kane &#8211; <\/b>Secr\u00e9taire g\u00e9n\u00e9ral du Minist\u00e8re de l\u2019\u00c9conomie et des Finances, Repr\u00e9sentant le Gouverneur Amadou Kane, Ministre de l\u2019Economie et des Finances du S\u00e9n\u00e9gal<\/p>\n<p style=\"text-align: justify;\"><b>Monsieur Kerfalla YANSANE &#8211; <\/b>Gouverneur du Groupe de la BAD et Ministre d\u2019Etat charg\u00e9 de l\u2019Economie et des Finances de la R\u00e9publique de Guin\u00e9e<\/p>\n<p style=\"text-align: justify;\"><b>Mr. Foday MANSARAY &#8211; <\/b>Temporary Governor for the AfDB Group and Minister of State, Ministry of Finance and Economic Development, Republic of Sierra Leone<\/p>\n<p><i>Distributed by the African Press Organization on behalf of the African Development Bank (AfDB).<\/i><\/p>\n<p><b><i>Stay with Sierra Express Media, for your trusted place in news!<\/i><\/b><\/p>\n<div align=\"center\">\n<hr align=\"center\" size=\"2\" width=\"100%\" \/>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ABIDJAN, C\u00f4te d\u2019Ivoire, May 15, 2013\/ &#8212; We, the African Development Fund\u2019s Governors, Planning and Finance Ministers from C\u00f4te d\u2019Ivoire, Ghana, Guinea, Liberia, Senegal and [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":38225,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671,751],"tags":[14759,15889],"class_list":["post-56859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-global-news","tag-afdb","tag-african-dev-elopment-bank"],"_links":{"self":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/posts\/56859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56859"}],"version-history":[{"count":0,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/wp\/v2\/posts\/56859\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sierraexpressmedia.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}