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Ofori-Atta leads government delegation to IMF/World Bank meetings

The Minister of Finance, Hon Ken Ofori-Atta is leading a government delegation to the IMF/World Bank Spring Meetings to be held in Washington DC, from October 9 – 15, 2017.

The delegation includes the Senior Minister, Yaw Osafo-Marfo, the Governor of the Bank of Ghana, Dr Ernest Kwamina Yedu Addison, the Chairman of the Finance Committee in Parliament and officials from the Finance Ministry and the Bank of Ghana.

According to the Public Relations Unit of the Ministry of Finance, while there, the delegation will meet with IMF DMD, Mr Zhang and the World Bank Vice President for Africa.

They would also attend the African Consultative Group Meetings with IMF Managing Director Christine Lagarde and the African Caucus Meeting with World Bank President Kim.

The delegation would participate in an event to event dubbed “Ghana: The Choice Investment Destination”. This event would afford them the opportunity to showcase investment opportunities in Ghana to an international audience.

Ghana’s delegation would also participate in the African Centre for Economic Transformation (ACET) launch of the ‘ACET 2017 Transformation Report on Agriculture’ as well as G20 Compact with Africa Ministers Meeting and Symposium.

Other meetings they would attend include the G24 Deputies Meetings and the African Caucus Bureau. The G24 Ministerial Meeting provides an opportunity for the G24 member countries to consider key areas in which international Financial Institutions and multilateral actions can effectively complement and support their policy efforts.

The delegation will also hold investor related meetings with holders of Ghana’s Bonds as well as institutional investors. This particular meeting would focus on the planned issuance of the energy sector bond.

The delegation will also meet with Fitch and Standard and Poors Rating Agencies. During these meetings, the delegation would re-emphasize government’s policies and strategies to solving macroeconomic imbalances as well as debt sustainability strategies.

Aside 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.

About the Annual Meetings

The Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness. Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world’s financial system.

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