Financing

Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific (ESCAP) Shamshad Akhtar.
ESCAP

Asia-Pacific saw steady growth in 2016, but risks to financial stability remain – UN report

1 December 2016
Issuing a year-end update to its flagship economic and social development report, the United Nations development arm for the Asia-Pacific region said today that resilient domestic demand and policy support supported the region notch a steady growth rate of five per cent but warned that risks remain to financial stability.
Former President of South Africa Thabo Mbeki (left) and ECOSOC President Oh Joon at an ECOSOC special event.
Video Capture. UNTV

UN panel chief, Thabo Mbeki, urges action plans to tackle illicit financial flow from Africa

19 February 2016
Addressing billions of illicit financial outflows from Africa is imperative as the continent needs domestic resources for its development, said the former President of South Africa, Thabo Mbeki, who chairs a United Nations panel on the issue, urging the UN Economic and Social Council (ECOSOC) and partner institutions to elaborate relevant action plans.