Finance minister leads delegation to annual IMF/World Bank meetings

Mr. Seth Terkper

Mr. Seth Terkper

Finance Minister Seth Terpker is leading government’s delegation to the International Monetary Fund (IMF)/World Bank meeting which opens in Washington DC from October 4 to 14.

He is joined by the Governor of the Bank of Ghana (BoG), Abdul Nashiru Issahaku and his Second Deputy Governor, Johnson Asiama as well as the Chairman of Parliament’s Finance Committee, James Averji.

Other members of the delegation include officials from the Finance Ministry and the Central Bank.
A statement issued by the Ministry of Finance said while in Washington DC, the team would hold series of meetings with the IMF Deputy Managing Director, Tao Zhang, participate in the African Caucus Meeting with World Bank President Jim Yong Kim, as well as the African Caucus Meeting with IMF Managing Director, Christian Lagarde.

The statement said the delegation was also scheduled to meet with the Commonwealth Secretary General, Patricia Scotland and attend the Commonwealth finance ministers meeting to be held on the sidelines of the annual meetings.

“They would also attend the G24 deputies meetings and a closed door meeting of finance ministers and Central Bank Governors of Sub-Saharan African countries with David Owen, Ag. Director for African Department on the Regional Economic Developments,” the statement said.

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.
The Ghanaian delegation will, in addition, sign a loan agreement for the “Expansion and Development of Existing High Schools Project” with Kuwait Fund for Arab Economic Development.

The Board of Governors of the World Bank Group (WBG) and the Boards of Governors of the IMF normally meets once a year to discuss the work of their respective institutions.

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