Finance Minister Hany Qadri Demian is to head the Egyptian delegation to the United Nation’s Third International Conference on Financing for Development being taken place in Addis Ababa, Ethiopia on July 13-16, 2015.
The Third International Conference on Financing for Development will gather high-level political representatives, including Heads of State and Government, and Ministers of Finance, Foreign Affairs and Development Cooperation, as well as all relevant institutional stakeholders, non-governmental organizations and business sector entities.
Among the participants are: Secretary-General of the United Nations Ban Ki-moon, World Bank’s Chief Jim Yong Kim, World trade Organization’s Director General Roberto Azevêdo, and the International Monetary Fund’s Vice-president.
The opening ceremony was attended by the heads of a number of states and governments as wells as ministers representing 191 states.
The conference will focus on assessing the progress made in the implementation of the Monterrey Consensus and the Doha Declaration and identifying obstacles and constraints encountered in the achievement of the goals and objectives agreed therein, as well as actions and initiatives to overcome these constraints.
It also aims at addressing new and emerging issues, including in the context of the recent multilateral efforts to promote international development cooperation; the current evolving development cooperation landscape, the interrelationship of all sources of development finance, the synergies between financing objectives across the three dimensions of sustainable development; and the need to support the United Nations development agenda beyond 2015.