Wednesday, September 10, 2014

IMF Pledges Continued Commitment to Partner with Small Island Developing States in their Pursuit of Sustainable Economic Development


Mr. Min Zhu, Deputy Managing Director of the International Monetary Fund (IMF), pledged the institution’s continued support to small island developing states for their pursuit of sustainable economic development at the third United Nations International Conference on Small Island Developing States in Apia, Samoa on September 1-4.

Speaking at the High Level Partnership Dialogue on Sustainable Economic Development on the opening day of the conference, Mr. Zhu underscored the particular challenges faced by small states, including low growth, increased vulnerability to external shocks, and increasing debt burdens. He called for continued commitment from all stakeholders in helping the small states achieve sustainable economic development.

See full Press Release: http://www.imf.org/external/np/sec/pr/2014/pr14412.htm