Abdou Diouf says OIF is not donor agency

Rabat- Morocco (PANA) -- The International Organisation of the Francophonie (OIF) is not a money lender and therefore does not fund micro-finance enterprises or small projects, OIF Secretary General Abdou Diouf clarified here Friday.
However, it can help in "the dissemination of sound management practices, the development of legislation, and the reinforcement of national capacities," he explained.
One of its objectives is "to make the traditional financial institutions more prepared to assess the quality and interest of individual or community "small projects".
OIF also intends to encourage them to create their own micro- finance to meet the financial needs those projects," the former Senegalese President said in an interview published by the Moroccan weekly newspaper, Challenge, ahead of the 10th Francophonie Summit in Burkina Faso.
He added that the other OIF objective is "to facilitate the mobilisation of the existing savings in member countries, which are not placed in traditional banks due to the people's lack of trust in the banking system or simply because they are not used to deal with traditional banks".
Diouf urged the Francophonie to keep up its efforts for the development of all its members and defend a multilateral framework capable of coping with globalisation.
He said globalisation is "inevitable, necessary, but full of dangers, which can only be dispelled by concerted actions".
Commenting on the notion of "sustainable development," Diouf maintained that that it means economic progress based on good governance, efficient environment and natural resources management, social development grounded in solidarity and equity, cultural and linguistic diversity".
He added, "the discrepancies among countries to achieve those objectives do not matter since no country can reach sustainable development alone".
"A country will only reap the fruits of sustainable growth when its neighbours can also share them, whether they are governance, environment, social laws or culture," he observed.
"We need to share our gains if we are to escape in the future from an unbearable, unfair, and monotonous world," he warned.
In 1960, African Heads of State, including Habib Bourguiba of Tunisia and Léopold Sedar Senghor of Senegal, had decided to maintain their cultural co-operation with former colonial powers.
In 1997, the modest institutional system created in 1970 and dubbed the Francophone Cultural and Technical Co-operation Agency (ACCT), was changed and renamed International Organisation of the Francophonie (OIF).
At its Hanoi Summit in 1997, the OIF tried to flesh out its diplomatic presence by appointing former UN Secretary General, Mr.
Boutros Boutros-Ghali from Egypt, as Secretary General.

19 november 2004 23:42:00




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