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We have 9 countries here today who are signing the Multilateral Convention, 2 countries who are signing a letter of intent to sign the Convention and 6 who are depositing instruments of ratification, said Angel Gurría.
Most OECD countries still have heavy public debt burdens. But many countries need only limited additional adjustment to put their public finances back on track. They are very close to stabilising their debt-to-GDP ratios and to putting them on a sustainable downward path over the next 15 years or so, said A. Gurría.
It is imperative that governments, and in particular G20 governments, reinforce their commitment to resist protectionism in all forms and engage in further market opening initiatives as an integral part of the structural reform agenda, said A. Gurría.
This OECD Forum and the Ministerial Council Meeting that follows, are precisely about people. This is the raison d’etre of this event: the wellbeing of our people. So be confident, you are at the right place, this Conference is about you, and your families, and your friends, and their dreams, fears and opportunities, said Angel Gurría.
As stretched public finances provide limited opportunities for public investments, it is critical for governments from advanced, emerging and developing countries to engage the private sector now to scale-up investment in transport infrastructure, said OECD Secretary-General.
Our reforms, just as our decisions to cut spending or keep growing our debts, have to be focused on one priority: the people, those living with less than 5 dollars a day or among the 200 million unemployed worldwide. Let’s not forget that growth is not an end in itself, but a means to improve the lives of people, Said Angel Gurría.
Ports are the nervous system of global trade. Over 80% of world cargo (by volume) is transported by sea. Our efforts to raise the efficiency, competitiveness and sustainability of ports can help boost trade, growth and jobs. It can also help us to promote green growth and development in the poorest regions, said OECD Secretary-General.
To sustain future growth, many developing countries are exploring new opportunities through industrial policies to move up value chains, attract foreign direct investment (FDI), increase South-South trade, and tap new markets created by the emerging middle class, said OECD Secretary-General.
Prime Minister Passos Coelho has defined as a key priority for his Government the promotion of economic growth and employment, while sheltering the social groups most affected by the recession. He has adopted courageous – and necessary – steps to address some of the underlying weaknesses of the Portuguese economy, said OECD Secretary-General.
L'Italia ha compiuto notevoli progressi rafforzando le finanze pubbliche e adottando una vasta serie di riforme destinate ad incoraggiare la crescita economica. Il nuovo Governo deve garantire il rafforzamento di tali progressi e il perseguimento della medesima strada, secondo Angel Gurría.