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SADC DFI proactive in facing universal challenges - Honourable Minister of Finance and Planning Dr. Ashatu Kijaji
Chairperson of the SADC-DFRC Board of Trustees;
SADC-DFRC Executive Director;
Your Excellences Heads of Diplomatic Missions and International Organisations;
Board of Directors Chairpersons of Tanzanian DFIs–TIB, TADB & NDC;
Speakers from various countries;
Ladies and Gentlemen;
At the outset, I would like to take this opportunity to thank the Almighty God for having given us space and time to meeting here today. Many of our colleagues have travelled longer with the aim of positively participating in this important Annual Regional Event for SADC-DFIs network forum which has 37 members from 14 SADC countries. You are warmly welcome to Tanzania, particularly in our beauty city of Dar Es Salaam. My role in today’s event is to welcome Her Excellency, the Vice President of the United Republic of Tanzania, Hon. Samia Suluhu Hassan to formally open this annual forum being held in our country. But before inviting Her Excellency, I would like to say a few things to bring us all in perspective.
Honorable Vice President , SADC region member states gathered here today at their countries are increasingly facing universal challenges amidst the time the world is becoming richer and more globalized. As part of the globalized world, SADC member states in their own way are gradually facing global challenges that are setting a new context in the way countries view and manage financing of development projects in order to stimulate growth. The risks that are likely to have the greatest impact in the coming decade are climate change, fiscal crisis, economic disparity, global governance failures, storms and cyclones, geopolitical conflict, corruption, food insecurity, flooding and water security and commodity price volatility.
Honorable Vice President, in the midst of all these challenges, the world is facing deviations and shifts in the development finance setting that are creating new opportunities, particularly