The Minister of Finance and Public Function, Cristóbal Montoro, has confirmed that the Spanish government will present the 2017 budget bill on 31 March. Parliament will discuss and approve the new budget in the coming two to three months. During this time, parliamentary groups will be able to influence the ODA budget and specific funding allocations. The current parliament has called for significant ODA increases, as well as for Spain to channel more resources into humanitarian emergencies and multilateral organizations.
The Spanish Ministry of Foreign Affairs and Cooperation (MAEC) has published an assessment report reviewing the strengths and weaknesses of Spain’s development policy from 2011 to 2016. According to the report, the number of priority sectors and recipient countries has been reduced in order to achieve a more effective development policy. Spain has also worked to improve transparency and access to information. Moving forward, the report recommends that clear criteria be established for Spain’s multilateral disbursements, and that more resources be focused on the selection and training of human resources involved in development policy.
The 58th Annual Meeting of the Inter-American Development Bank (IADB) and the 32nd Annual Meeting of the Inter-American Investment Corporation takes place in Ascunción, Paraguay. This official gathering is a forum for discussion among the institutions' Governors, many of whom are finance ministers of the regional and non-regional member countries, central bank presidents, and advisors. Representatives from multilateral financial institutions, development agencies, and commercial and investment banks are also invited to attend.
Location: Asunción, Paraguay
The Board of Governors of the Asian Development Bank (ADB) is set to host its annual meeting in Yokohama, Japan, to discuss development issues and institutional matters. The meeting, which will take place May 4-7, 2017, attracts over 3,000 participants, including finance and development ministers, central bank governors, private sector, and civil society organizations, as well as media, academic, and development partners. It provides a platform for major decision makers in global affairs to discuss challenges and explore solutions facing Asia and the Pacific.
Location: Tokyo, Japan