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Report of the Commonwealth Secretary-General 1995

image of Report of the Commonwealth Secretary-General 1995

This report covers the work of the Commonwealth Secretariat from July 1993 to June 1995. It was presented to Commonwealth member countries at the 1995 Commonwealth Heads of Government Meeting (CHOGM), which was held in Auckland, New Zealand. The theme for the 1995 CHOGM was 'Development and Good Governance: Local Action, Global Reach'.

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Mobilising the Private Sector for Development

With official development assistance stagnating in recent years and in line with the desire to achieve sound economic management based on market forces, Commonwealth governments have increasingly sought to promote the private sector and to attract private capital for development. Although there has been a surge in private flows to developing countries, these have been concentrated in a relatively few countries. The Secretariat has therefore also sought to help member countries to evolve new ways of attracting foreign investment.

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