Posted by: mulrickillion | October 13, 2011

Sustaining Development in Low-Income Asia: Infrastructure Investment and Financial Sector Development, Remarks by Naoyuki Shinohara, Deputy Managing Director, IMF at the IMF-JICA Joint Conference, Tokyo

Remarks by Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund
At the IMF-JICA Joint Conference, Tokyo
October 11, 2011

As prepared for delivery

Ladies and Gentlemen.

It is my great pleasure to welcome all of you to the joint IMF-JICA conference on challenges facing Low-Income Asian economies. I am also very happy to welcome you to Japan. After the devastating earthquake and tsunami in March, the whole international community, including your countries, has shown warm sympathies to the Japanese people, for which we were so grateful. I hope that in every street corner you have witnessed the resolute determination of the Japanese people towards reconstruction.

Let me also thank JICA for its help in organizing this conference. As one of the leading aid agencies in the world, JICA has accumulated experience and knowledge through its activity especially in Asia. During tomorrow’s discussions, I am sure all of us will benefit from JICA’s insight based not only on its intellectual prowess but also on their practical expertise in the field. In this sense, I do hope that this joint conference will be a model for similar events in the future.

Now I want to turn to a few key issues facing Low-Income Asia and the IMF’s role in assisting these economies. . . .

Sustaining Development in Low-Income Asia: Infrastructure Investment and Financial Sector Development, Remarks by Naoyuki Shinohara, Deputy Managing Director, IMF at the IMF-JICA Joint Conference, Tokyo

>>See also — Press Release: http://www.imf.org/external/np/sec/pr/2011/pr11361.htm

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