Via IMF (Den Internationale Valutafond)

International Conference on “Sustainable Development, Sustainable Debt: Finding the Right Balance”

November 18, 2019

The Presidency of the Republic of Senegal and the International Monetary
Fund, in partnership with the United Nations and with the support and
participation of the Cercle des économistes, are convening an international
conference on “Sustainable Development, Sustainable Debt: Finding the Right
Balance”, which will take place in Dakar, Senegal, on December 2, 2019.

The conference will be led by H.E. Macky Sall, President of the Republic of
Senegal, and Ms. Kristalina Georgieva, Managing Director of the
International Monetary Fund. The event will be attended by distinguished
leaders, senior government officials, as well as high-level representatives
of international organizations, the private sector, academia, and civil

Sub-Saharan African (SSA) countries made remarkable socio-economic progress
in the last two decades, but development needs remain large. Meanwhile, the
fiscal space needed to finance development is increasingly constrained as
public debt rose rapidly between 2012 and 2016, albeit stabilizing in
recent years.

The conference will discuss and explore economic policies that would allow
SSA countries to meet their development needs without jeopardizing debt
sustainability. To this end, conference participants will offer insights
into the role of all stakeholders on the following issues:

• How can SSA authorities increase domestic revenue mobilization? How can
the international community help SSA countries by ensuring an adequate
international taxation system?

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• How can SSA authorities improve expenditure efficiency? How should
international partners share their experience in this area?

• How can SSA authorities boost debt management capacity and transparency
to get the most value for money from borrowed resources?

• What are the prospects for development partners to honor their
commitments to increase official development assistance? How should all
development institutions improve their collaboration?

• How to attract more private investment in SSA countries? How to
accelerate innovative financing initiatives?