Finance Minister leads delegation to IMF/World Bank Spring meetings

The Minister for Finance, Dr. Mohammed Amin Adam, is leading Ghana’s delegation to the IMF/World Bank Spring Meetings taking place in Washington DC.

The delegation, which is made up of officials from the Finance Ministry and the central bank, include Abena Osei Asare, Minister of State at the Finance Ministry; Fatimatu Abubakar, Minister for Information; and Dr. Ernest Addison, Governor of the Bank of Ghana.

While in Washington, the delegation will, among others, meet with Kristalina Georgieva, IMF Managing Director and Ajay Banga, World Bank President.

The delegation will attend numerous meetings, including G-24 Ministers and Governors Meeting, the 11th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action, Development Committee Plenary, and the UNECA-IMF-African Finance Ministers High-Level Working Group on the Global Financial Architecture.

They will also attend the ‘High-Level Event on Addressing Polycrisis: Capital Mobilization for the V20 Climate Prosperity Agenda’, and the 11th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action.

Aside from the obligatory meetings with the IMF and the World Bank, the delegation will hold bilateral discussions with other partner countries, financial institutions and private sector investors.

Last week, Ghana and IMF Mission reached staff-level agreement on economic policies and reforms to conclude the second review of the 36-month ECF-supported programme.

Ghana will have access to about US$360million in financing once the review is approved by IMF Management and formally completed by the IMF Executive Board.

The post Finance Minister leads delegation to IMF/World Bank Spring meetings appeared first on The Business & Financial Times.

Read Full Story