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Chapter I. Global economic outlook
IMF quota and governance reforms, the process has not been finalized. The new review of the IMF quota formula should be resolved quickly to enhance the voice and participation of developing economies. International policy cooperation should ensure that sufficient resources are made available to developing countries—especially the least developed countries—and countries that possess limited fiscal space and face large financing needs for sustainable development and poverty reduction. The decline in ODA flows over the past two years should be reversed. As the target date for the MDGs is approaching, international donors should redouble their efforts to deliver on existing commitments. These resources are greatly needed in order for developing countries to accelerate progress towards the achievement of the MDGs by the end of 2015, and to build a solid foundation for long-run sustainable development beyond 2015.
Sufficient resources must be ensured for the least developed countries