Malawian president urges finance and development ministers to promote sustainable growth before macro-economic stability
Author(s)/Corporate Author (s)United Nations. Economic Commission for Africa.;
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This is the third time the African Union Commission and the Economic Commission for Africa are jointly holding the annual meetings of finance, planning and economic development ministers. While commending the timeliness of the theme of this year’s meetings, its pointed out the poor degree of policy implementation as a serious impediment to the mobilization for development and people’s welfare. The Chairperson of the AUC noted that: “There is no genuine dynamic for speeding up the transformation and growth of African economies, for creating new job opportunities and containing the scourge of unemployment, all of which are compounded by the undiversified nature of our national economies and, by implication, our sources of economic growth”.