WFDFI  -  Action Program

 

  1. COMMITMENT AND CHANGE

This refounding of the WFDFI will be feasible only if its Regional Members show their commitment to this measure by providing institutional support and paying their membership fees in full as due. This would enable the present Secretariat under ALIDE’s charge (with the type of Secretariat that is decided upon later on) to offer its members effective and executive service.

Unless that commitment is forthcoming, it will not be possible for the Secretariat to act with determination, leaving the Federation to continue for a little longer the modest existence it has been leading lately.

The Federation can only be as successful as its members want it to be. Their membership fees will serve as seed capital to raise (leverage) other technical, human and financial resources.

The time has come for the WFDFI to change. Unless this occurs now, it will be necessary to rethink the very reason for its existence when it reaches its 26th anniversary. Globalization and the more favorable environment that exists today at the world level for development banks –as an appropriate mechanism for financing development and production and service sectors that have an economic and social impact— so demand. The strengthening and relaunching of WFDFI have begun, are in process, then, bearing in mind that had it not existed, it would be necessary to create it. That was the vision of its founders.