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Report of the Inter-Agency Task Force on Financing for Development 2017

Financing for Development - Progress and Prospects

image of Report of the Inter-Agency Task Force on Financing for Development 2017

The Inter-Agency Task Force Report assesses progress in the seven action areas of the Addis Ababa Action Agenda: (i) domestic public resources; (ii) domestic and international private business and finance; (iii) international development cooperation; (iv) international trade as an engine for development; (v) debt sustainability; (vi) addressing systemic issues; and (vii) science, technology, innovation and capacity building. The 2017 edition focuses on investments in sustainable development in particular. The report primarily targets Member States, particularly policymakers from ministries of finance, trade, foreign affairs and development cooperation, as well as central banks, local authorities, regulators and parliaments.

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The challenge of the global economic situation

In 2016, the first full year of implementation of the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda, the world economy grew at its slowest rate since the 2008 world financial and economic crisis. Improvements are projected for 2017 and 2018, but remain insufficient to deliver the large increase in investment needed to achieve the Sustainable Development Goals (SDGs).

English

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