Daily News header

Transparent Corporate Governance Vital For Stable Finance Markets

By  

Secretary of State Hillary Rodham Clinton yesterday emphasized that transparency in governance is vital for sustainable economic growth.

Secretary Clinton addressed the first annual meeting of the Baltic Institute of Corporate Governance, that honored Prime Minister Kubilius of Lithuania and Prime Minister Dombrovskis of Latvia for their efforts to reform state-owned enterprises and build vibrant 21st century economies.

Stable finance markets lead to sustainable economic growth, prevents corruption and helps attract the business and investment required to make economies grow, Secretary Clinto said.

"The transformation of the Baltic region over the past two decades is remarkable. You have shown a commitment to democracy and expanding economic opportunities that is transforming your communities and your countries."

In praising the two Prime Ministers, Secretary Clinton said their work to reform state-owned enterprises sends a strong message across the region about the importance of transparency and accountability.

  Please leave a comment here     If it does not display within 10 seconds, please refresh the page

Related World News News

John Child in Kathmandu looks at three things Nepal can do to improve their handling of weather events and the aftermath of disasters when they happen.
The Bipolarized documentary creates awareness of blind spots and pitfalls plaguing traditional mental health care so more informed decisions can be made.
The US is making progress to combat food insecurity. In 2013, the Feed the Future initiative helped nourish more than 12.5 million children.
As the seminar Cleaner Green: Understanding Low Carbon Development in India - was over on 16 September, I returned to my home city Guwahati to a massive flood in Assam and neighboring Meghalaya days after.
One man ran for his life, but Kangbura Terang and Biren Kathar fell prey to the irate tiger, both gained lesions to their face, limbs and abdomen.
The deceased militant who was killed by police in a gun battle, was identified as Mangal Narzary, part of the NDFB Sangbijit faction.

 

NewsBlaze Writers Of The Month



Popular Stories This Month

newsletter logo

NewsBlaze
Copyright © 2004-2014 NewsBlaze Pty. Ltd.
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice               Press Room   |    Visit NewsBlaze Mobile Site