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United Nations Capital Development Fund (UNCDF) Executive Secretary visits Sierra LeonePress Release 12-01-2007 Freetown, Sierra Leone --- The Executive Secretary of the United Nations Capital Development Fund (UNCDF), Richard Weingarten, visited Sierra Leone from 15th to 17th January 2007. During his stay, Mr. Weingarten and his team met with members of the Government, the UN Executive Representative of the Secretary General, Victor Angelo, the Microfinance Investment and Technical Assistance Facility (MITAF), Microfinance Institutions and the Bank of Sierra Leone. The purpose of this visit was to review the implementation and effectiveness of the Microfinance National Programme in developing a sustainable pro-poor financial sector in Sierra Leone, and discuss the upcoming National Microfinance Forum. The mission also aimed to explore the possible interface between inclusive finance and local development initiatives with the Local Councils to enhance district economic recovery programmes. The UNCDF makes investments in the world’s Least Developed Countries (LDCs). These investments are designed to help the LDCs reduce poverty and achieve the Millennium Development Goals. UNCDF currently invests in 28 of the 50 LDCs, and plans to expand its investments to 45 LDCs by the end of 2007. The UNCDF works in Sierra Leone to develop a competitive and inclusive financial sector, while at the same time creating an enabling environment to sustain it. For further information, please contact: Ms. Michelle Delaney, Media Officer, United Nations Development Programme (UNDP), telephone +232-76-963657; email: michelle.delaney@undp.org Poverty and Governance Units, United Nations Development Programme (UNDP), telephone +232-233111/231311 |
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