SEVILLE, July 1 -- TANZANIA has called for urgent reforms to the global financial and development funding systems to make them more equitable, predictable, sustainable and aligned with the needs and priorities of developing countries.

This call was made yesterday by the Vice-President Dr Philip Mpango, while addressing the Fourth International Con- ference on Financing for Development (FfD4) taking place in Seville, Spain.

He is representing President Samia Suluhu Hassan at the conference. FFD4 opened yesterday with the adoption of the Sevilla Commitment or Compromiso de Sevilla, an inter governmentally negotiated outcome that lays the foundation for a renewed global framework for financing development.

Commitments include steps to clo...