Shree Baboo Chekitan Servansing's opening remarks Audio
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SESSION 1: AID FOR TRADE AND DEVELOPMENT
FINANCE — CONTEXT AND CHALLENGES
10.10 a.m. — 11.30 a.m.
World Bank:
Aid for Trade and Development Finance:
The post-crisis outlook
Multilateral development finance frameworks
Aid for Trade and development finance instruments
Non-concessional trade-related development finance
Global Monitoring Report 2010: Key messages and outlook
Discussion
The presentations and discussion
allowed Members, Observers and Observer Organizations to situate
Aid for Trade within multilateral development finance
frameworks, examine its interaction with other development
finance instruments, in particular Islamic Finance, and discuss
the outlook for development finance in the aftermath of the
global financial crisis.
Organisation of: Economic Co-operation
and Development
Overview of Aid for Trade reported in
2008
Key messages from the 2008 data collection exercise
Regional and sectoral breakdowns
Emerging trends
Tracking non-concessional trade-related development
finance
Outlook for Aid for Trade
Discussion
The presentation by OECD and
discussion allowed Members, Observers and Observer
Organizations to receive a detailed overview of Aid for Trade in
2008. Preliminary analysis shows that Aid for Trade grew 37 per
cent in real terms between 2007 and 2008. Total Aid for Trade
reached US$41.7 billion in 2008, an increase of 62 per cent from
the 2002-20005 baseline. Aid for Trade accounted for 37 per cent
of sector allocable Official Development Assistance (ODA) in
2008 an increase from 32 per cent in 2007.