Mobilizing private capital is essential, particularly at a time when public budgets are under strain.
"What's impossible is a big new program funded mainly by public budgets," Mr. Victor said.
"It's urgently necessary for monetary stability that public budgets return to balance," Bruederle said.
A lot of money still reaches public budgets, but without oversight it is often badly spent.
Multinationals must contribute their fair share to public budgets – just like any other company has to".
This strategy aims to achieve the overdue consolidation of public budgets.
In several countries the cost to public budgets of subsidising fishermen "exceeds the total value of the catches".
Pressure on both family and public budgets intensifies resistance to changing this rule, for fear of increased costs.
A time of pinched public budgets and unmet national necessities is a time for action against these corporate freeloaders.
They contributed around $55 billion, with another $39 billion drawn from public budgets and capital markets by multilateral and bilateral development banks.
I asked her about a statement from six of her fellow commissioners insisting that any new long-term care program not enlarge public budgets.
