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FINAL PROJECT OF FINANCING FOR DEVELOPMENT
NAME: AKAGHA, CYNTHIA
COUNTRY: NIGERIA
TOPIC: GOOD INTERNATIONAL FORMULA FOR NATIONS INTEREST
Financing for development – mobilizing financing for development 2016-2030
Finance means the whole financial management. It can also be seen as providing money
PREREQUISITE ATTITUDE FOR SUCCESS
Doing good and doing it well at the same time
We need a new era of private public cooperation
Game changing revolutionary technology of the world
We need new models, creative, innovative in finance.
Emerging market in developing economy; High Growth + High Inefficiency, there is room for diversification
What attract investors to investment opportunities in developing economy include but are not limited to;
Rule of law and transparency: How transparent is the regulations, laws and orders for investors (existing and
potential)
Return on investment: Every investor would want to maximize returns on investment
Risk management: How risk are manage is very crucial, such as, political risk, social risk, economic risk in an
economy.
$3-$4 trillion of infrastructure investment needed in developing market.
Ways to deliver a successful country infrastructure program include:
Wider framework/plan of project i.e. long term planning
A government unit needs to be responsible for implementation, monitor and accountability
Need cross-party long term policy support
Rule of practice in place i.e. regulations
Sustainable Development Goals and Millennium Development Goals are aimed at eradicating poverty, primary
education, gender equality, leaving in peace, non-corrupt institutions and clear water for all citizens etc. Multilateral
Development Banks (MDBs) and International Monetary Fund (IMF) are working together to improve SDGs
(Sustainable Development Goals). Multilateral Development Banks plans $400billion for support. Private investors
play a very big role in SDGs and MDGs. Private Investors look for countries with good policies, right leadership,
better and improving the institutions.
ODA (Official Development Assistance) encourages countries those countries that have not met the ODA of 0.7% of
GNI should meet up to the target so as to mitigate risk in certain environment.
End hunger, achieve food security and improve nutrition and promote sustainable agriculture
Revitalize the global partnership for sustainable development
Ensure healthy lives and promote well-being for all at all ages
Akagha, Cynthia
Thank you all.
Something important I have learnt during this course financing for
development I used for my final project. topic: Good International
Formula for Nations Interest.
ODA (Official Development Assistance achievement over the years