Finance for development in Africa : an issues paper
Author(s)/Corporate Author (s)United Nations. Economic Commission for Africa;
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The aim of this Issues Paper is to review the mix of actions necessary to finance the developmental goals of Africa and to present policy options for the consideration of African Finance Ministers. This Issues Note focuses on measures to increase domestic savings and channel it efficiently into productive investment, switch domestic resources from external debt service to development, increase the effectiveness of ODA, attract private capital flows, encourage foreign direct investment and stem capital flight. The main developmental goal of Africa is poverty alleviation.