Russia intends this year to increase its assistance to developing States, especially the CIS countries, said Vice Minister of Finance Anton Siluanov, who headed the Russian delegation at the Rome which ended in an inter-ministerial meeting of G8 for economic development.
Meeting of the Group ofEight , organized at the initiative of Minister of Foreign Affairs of Italy Franco Frattini, was held in Rome.
addition to Ministers of the G8 (Britain, Germany, Italy, Japan, Russia, United States, France and Japan), the meeting was attended by representatives of the so-called Group of Five (Brazil, China, India, Mexico and South Africa), as well as several African countries - Egypt, Nigeria, Algeria, Senegal and Ethiopia. For the first time in a meeting of Group of Eight was attended by representatives of the African Union, whose chairman is now Libya.
All G8 states confirmed in Rome on their commitments to provide financial assistance. With regard to Russia, she said that this year will increase the amount of financial assistance to countries in the area of our attention, that is, the post-Soviet countries, CIS countries - stressed the Deputy Minister of Finance.
In this regard,
Siluanov recalled that the newly created fund crisis EURASEC.
We will, through this tool to provide support to developing countries. These are, primarily, to Armenia and Kyrgyzstan, - he said.
Head of Russian delegation also noted that the Rome meeting, talked about the need for more efficient use of financial support provided by donor countries. This support should provide a target impact on the economies of developing countries, promote structural reforms in them.
Developing countries need to more effectively use their own resources and assistance from donor countries was due to concrete results, the effect of which could be traced. In particular, for donors to report to their taxpayers on the impact of investments in support other countries , - stressed Siluanov.
The Deputy Minister said that under the initiative of Russia to increase the effectiveness of aid to developing countries were included in the outcome of the meeting in Rome.
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Ministry of Finance of the Russian Federation: Russia will increase financial assistance to developing countries
Russia intends this year to increase its assistance to developing States, especially the CIS countries, said Vice Minister of Finance Anton Siluanov, who headed the Russian delegation at the Rome which ended in an inter-ministerial meeting of G8 for economic development.
Meeting of the Group ofEight , organized at the initiative of Minister of Foreign Affairs of Italy Franco Frattini, was held in Rome.
addition to Ministers of the G8 (Britain, Germany, Italy, Japan, Russia, United States, France and Japan), the meeting was attended by representatives of the so-called Group of Five (Brazil, China, India, Mexico and South Africa), as well as several African countries - Egypt, Nigeria, Algeria, Senegal and Ethiopia. For the first time in a meeting of Group of Eight was attended by representatives of the African Union, whose chairman is now Libya.
All G8 states confirmed in Rome on their commitments to provide financial assistance. With regard to Russia, she said that this year will increase the amount of financial assistance to countries in the area of our attention, that is, the post-Soviet countries, CIS countries - stressed the Deputy Minister of Finance.
In this regard,
Siluanov recalled that the newly created fund crisis EURASEC.
We will, through this tool to provide support to developing countries. These are, primarily, to Armenia and Kyrgyzstan, - he said.
Head of Russian delegation also noted that the Rome meeting, talked about the need for more efficient use of financial support provided by donor countries. This support should provide a target impact on the economies of developing countries, promote structural reforms in them.
Developing countries need to more effectively use their own resources and assistance from donor countries was due to concrete results, the effect of which could be traced. In particular, for donors to report to their taxpayers on the impact of investments in support other countries , - stressed Siluanov.
The Deputy Minister said that under the initiative of Russia to increase the effectiveness of aid to developing countries were included in the outcome of the meeting in Rome.
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