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West African CSOs

3rd International Conference on Financing for Development: West African Civil Society’s Position.

Background

The Third International Conference on Financing for Development (FfD) provides an opportunity to take stock of progress made since the 2002 Monterrey Conference towards financing the Millennium Development Goals (MDGs). Government, Private Sector, Citizens and Civil Society Organisations all over the world are interested in seeing a new development finance framework ambitious enough to fund the Sustainable Development Goals, which will replace the MDGs.

Civil Society Organizations across the West African region gathered in Abuja from the 8th to 9thJuly at a strategic workshop to review progress towards Africa’s participation at the FfD Summit in Ethiopia and to present to the African delegation to the Summit, Civil Society’s position on how a more appropriate financing architecture can be developed for financing ‘’Africa’s future’’.

Our position

Understanding that since 2000, the financial landscape has changed considerably in Africa while recognising the role private external flows (investment and remittances) have played in driving growth in external finance including increase in remittances. Projecting that in 2015 official development assistance (ODA) to developing countries may continue to diminish and concerned about the low level of implementation by donors on the0.7% commitment.

We the WestAfrican Civil Society Organisations campaigning for an ambitious financing for developmentcalls on the African Government as follows:

$11.     We reiterate the position of African Union leaders on the need to mobilise significant resources from a variety of sources and to ensure the effective and  efficient use of finances

$12.     We call on the African Government to redirect energies at the Summit towards discussions that needs to happen on the role of private flows in driving external financial flows to the African continent

$13.     We ask the African Government to pay particular attention to further commitments to strengthening access to basic services; domestic resource mobilization.

$14.     We call on African Governments to increase investments in data for planning and delivery of development;

$15.     In improving the domestic resources mobilisation component of the financing plan, we encourage the African Government to support goals and targets aimed at increasing efforts  to strengthen tax systems by taxing ‘’justly and spending fairly’’;

$16.     We acknowledge the role of aid and call on the African Government to lead the  region in calling for more and better quality aid and to prioritise development funding in their negotiations with international partners

$17.     We affirm the need for curbing illicit financial flows across the continent, while recognising this as a potential source of domestic resource mobilisation that can free up resources to invest in public goods;

$18.     We note that financing the post-2015 development goals will depend on the capacity and political will of African policy makers,legislators and the international community to harness diverse funding options and exploit their potential to leverage additional resources.

$19.     We emphasise the need for continual improvement and more intensive utilization of the enormous local capacity available for development.

$110.  Above all, we are expecting Governments across Africa to be transparent in their financing commitments to development

End

Reference: External financial flows and tax revenues for Africa published in May 2015 as Chapter 2 of the African Economic Outlook 2015 (AEO).

WACSOF FRENCH

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