Burkina Faso / National School of Financial Authorities: Learners equipped with the tools of pluralism and development finance

On Thursday, June 23, 2022, a public conference on pluralism and development finance was held at the National School of Financial Authorities (ENAREF). The students were civil servants, civil servants students and agents from the Ministries of Agriculture and Economy.

In the dynamic of sharing knowledge and keeping students on topical topics and issues, the National School of Financial Supervision (ENAREF), through the Department of Research and Continuing Education, has included in its agenda a public conference, on Thursday, June 23, 2022.

Multilateralism and Development Finance is the topic developed during this give-and-take meeting by the Managing Director of International Challenge Consulting and Consulting (ICC), Seydu Boda. The origin of pluralism and the funding mechanism, including funding rounds and round tables, are some of the key aspects discussed.

From the essence of his presentation, we recall that multilateralism, a term that appeared after the Second World War, is a pact around which nations agree to organize their lives on this planet. However, it happens that countries exit from this agreement to go it alone. Moreover, multilateralism, according to the speaker today, covers the scope of relations and agreements between states, whether they pertain to official development assistance, international civil aviation or the environment.

ENAREF residents gave a sincere ear to the speaker

There is pluralism in almost all areas. Our world would not be what it is without pluralism because that simply regulates life within our world where the old coexist with the weaker without the application of the law of the jungle.”

The United Nations, the melting pot where all the nations of the world come together to talk about the issues that matter to them, is the most complete example of multilateralism he has set. Among the other concerns often on the meeting list are environmental issues, human development, and epidemics, as well as climate change. On many other fronts, Mr. Boda acknowledged the existence of multilateral decentralized mechanisms such as the West African Economic and Monetary Union and the Economic Community of West African States (…) that engage the interests of member states.

According to the speaker, the world would not be the same without pluralism

Taking the example of his country benefiting from foreign aid, he pointed out that multilateralism could not develop Burkina Faso instead of Burkina Faso. Thus, it is up to Burkina Faso to develop good public policies to ensure its development, while recalling that external support comes to support a country that is leading its development. In other words, external support does not replace the public policies that the state must put in place to promote its development.

“Aid will not last forever. It follows a certain cycle. All developed countries had to benefit from seed aid at some point. In the aftermath of World War II, there was a Marshall Plan to help Europe out of trouble. Also, Asian countries, especially those Called an Asian tiger, it benefited at a certain moment in the context of the Cold War from the massive support of American capital so it could begin to grow it.But development aid should not be seen as a gift or an invitation to do nothing to take one’s destiny into one’s own hands. It must stimulate our efforts and not be in a permanently stretched position.

Responsible for future generations

The participants followed with great interest the presentation given by the speaker under the direction of Dilwende Koila. For more than an hour, they took turns talking to express their concerns. Isn’t pluralism the waiting room of multinational corporations? Does this formula work? What are these defects? How does pluralism work in Africa? (…). The spokesperson explained to all of these concerns. The audience also participated in the discussions through various contributions.

Aïssata Laure G. Sidibé


Leave a Reply

Your email address will not be published.