Poland will contribute to fight against poverty

During the UN conference in Addis-Ababa, Mateusz Szczurek, the Minister of Finance, said that Poland would contribute 0.33 percent of its GDP to fight against global poverty in addition to backing increased financing for the development of low-income countries. The Third International Conference on Financing for Development gathered high-level political representatives, including heads of state and government, and ministers of finance, foreign affairs and development cooperation, as well as all relevant institutional stakeholders, non-governmental organizations and business sector entities. The delegates agreed that one of the most important ways to combat poverty in developing countries is to help them in collecting taxes. The EU has insisted that global tax regulations should be decided by the OECD. However, the representatives of poor countries and many NGOs point out that the OECD does not give full voting rights to poor countries and has called for the creation of a special institutions under the auspices of the UN.