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Building an Investment Climate of Trust

(Colombo, Sri Lanka)

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I am delighted to be here in Sri Lanka, where I have had the opportunity to experience first hand your warmth, generosity, and openness. The determination and strength your people have shown over the past year are much admired throughout the world and the results of your hard work are giving new meaning to the word "recovery." You truly are an inspiration to all. Since becoming President of the International Federation of Accountants (IFAC) in November 2004, I have had the opportunity to meet with professional accountants from many cultures and in all walks of life. I have also met with international standard setters, regulators, representatives of international development and funding agencies, business and government leaders, and the leadership of other professional groups that focus on ethics and corporate governance. What I have learned is that we share a common objective: creating an investment climate of trust around the world. Creating an investment climate of trust is vital to economic development and to stability in countries of every size, in every part of the world and at every stage of development.

Prepared by IFAC's Communications Department. Contact communications@ifac.org for further information.

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