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Headline Press Conference by Under-Secretary-General for Economic and Social Affairs on Financing for Development

Caption Description Jose Antonio Ocampo, Under-Secretary-General for Economic and Social Affairs, briefed correspondents today at UN Headquarters on the two-day General Assembly high-level dialogue on financing for development which opened today in the General Assembly. According to a report by Secretary-General Kofi Annan to the debate on financing for development, the global financial system must be reformed to give fair exits from sovereign debt crises, such as Argentina's emergency in 2001, and better tax coordination worldwide to reduce tax dodging and illicit cross-border financial flows.

Unique Identifier UN7772725

NICA ID 29015

Production Date 10/29/2003 12:28:54 PM

City/Location New York

Country United States of America

Credit UN Photo/Evan Schneider

File size 1.91 MB