Saturday, March 18, 2006
The IMF's Medium-Term Strategy for Low-Income Countries
Remarks by Rodrigo de Rato, Managing Director of the International Monetary Fund, at the Regional Roundtable on Policies for Growth and Development and the Challenges of Scaling-Up Aid Lusaka, Zambia, March 16, 2006
As Prepared for Delivery
1. Thank you very much, Minister Magande, for that kind introduction.
2. This visit is a most welcome one for me because it gives me a much anticipated opportunity to meet with policy makers from various countries of the region at a time when efforts to accelerate growth and development, in pursuit of the Millennium Development Goals, are in high gear. The IMF is intent on doing everything it can to complement those efforts with efforts of its own and to be a dependable partner in the quest for growth and development. This is my first chance to visit sub-Saharan Africa since the IMF began to extend complete debt relief under the Multilateral Debt Relief Initiative. I welcome in particular the opportunity to exchange views with you about how these resources are going to be used to promote growth and achieve lasting poverty reduction. I look forward to hearing from you about how to meet the many challenges. But first let me talk a little about how I think the Fund can complement your efforts.
See full Speech.