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High-quality corporate reporting is essential for efficient allocation and management of scarce resources, Secretary-General of United Nations Conference on Trade and Development Mukhisa Kituyi, has said.
Speaking during the Intergovernmental Working Group of Experts (ISAR) on International Standards of Accounting and Reporting's 32nd session in Geneva, Switzerland on November 4, Kituyi said good corporate reporting contributes to financial stability, promotes good governance and underpins a vibrant private sector.
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