A Deputy Minister for Finance, Mr. Charles Adu Boahen has inaugurated an Inter-Ministerial Planning Committee to oversee the successful hosting of IMF/World Bank Africa Caucus Meeting scheduled to take place in Accra from July 31 to August 2, 2019.
The Africa Caucus was established in 1963 to strengthen the voice of African Governors in the IMF and World Bank Group particularly as it relates to development issues on the African Continent.
The meeting brings together Finance Ministers and central bank Governors to deliberate on critical economic and financial issues to table at the IMF World Bank Annual Meetings.
Inaugurating the Committee on behalf on the Deputy Minister, the Director, Resource Mobilization and Economic Relations Division, Ms. Yvonne Quansah stated that the caucus allows African Finance Ministers and Governors of Central Banks to synchronize the positions of their countries in order to better access the resources to the benefit of their membership in the IMF and World Bank.
The event is expected to attract about 300 delegates which includes about 40 Finance Ministers and 40 Central Bank Governors along with their Technical Assistants although invitations have been sent to all the 54 African member countries.
“The opportunity to host this year’s meeting came about because Ghana’s Finance Minister Ken Ofori-Atta is the current chairperson of the African Caucus, hence this unique opportunity to share the Beyond Aid vision with the rest of the continent” Hon. Deputy Minister noted.
Membership of the committee were drawn from the Ministry of Finance, Ministry of Information, Ministry of Trade and Industry, Ministry of Foreign Affairs and Regional Integration, Ministry of Transport, Bank of Ghana, Ghana Immigration Service, Ghana Police Service, Police MTTD, National Security, State Protocol Department, Presidency, and Ghana Investment Promotion Center.
Mr. Charles Adu Boahen tasked members selected by the various institutions to form the sub-committees to work diligently towards the achievement of a successful hosting of this august programme.
“We are relying on you to organize a world class event that would be a source of pride to Ghana and particularly a memorable event for all participants and so let us all strive for excellence”, he stressed.