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In the midst of this financial crisis of global proportions, development aid budgets will be one of the areas of public spending under pressure as donor countries face up to the fiscal effort needed to restore the financial system. Despite these difficult circumstances, we must keep protecting and strengthening our development commitments, according to Mr. Gurría.
As the financial crisis deepens and spreads, a decisive policy action is needed to restore confidence and restart the flow of credit, according to Mr.Gurría.
Governments need to put in place comprehensive strategies to make their tourism industries more competitive and work with industry and regional and local authorities to promote sustainable tourism development.
Given that the majority of the world’s population lives in cities accounting for 60 to 80 percent of emissions, cities are key actors in our efforts to achieve long-term sustainable solutions to the global climate change challenge, according to Mr. Gurría.
- Conference on Competitive Cities and Climate Change
In the lead-up to joining the European Union, Hungary made significant progress in reducing air and water pollution and protecting its nature and biodiversity says OECD’s latest Review of the Environmental Performance of Hungary.
In the lead-up to joining the European Union, Hungary made significant progress in reducing air and water pollution and protecting its nature and biodiversity, according to Mr. Gurría. However, he recommended that Hungary redouble its efforts, in order to further reduce pollution and use energy and raw materials more efficiently.
On October 15, OECD will publish the 2008 edition of its annual Revenue Statistics, which presents detailed comparable tax data in a common format for all OECD countries from 1965 onwards.
While in Budapest, Angel Gurría launched the OECD Environment Performance Review of Hungary and held bilateral meetings with several officials. He also attended the Conference on Financial Awareness where he spoke about the importance of financ
The Isle of Man and the United Kingdom announced that they have signed a bilateral agreement for the exchange of information for tax purposes, bringing to 11 the number of such agreements entered into by the Isle of Man.
Governments which are successful at reforming empower their people to make the most of globalisation, creating a favourable environment for education, for business, for innovation and for sustainable development, according to Mr. Gurría.