Advertisement
JIS News

Story Highlights

  • Finance Minister Phillips will participate in 2014 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (IBRD).
  • The delegation while in Washington will also meet with international development partners, development agencies, and investment banks.
  • The Minister is scheduled to hold a series of meetings with the various departments’ heads from of the IMF and World Bank.

Finance and Planning Minister, Dr. the Hon. Peter Phillips left the island on Thursday, April 10 for Washington D.C., to participate in 2014 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (IBRD). The delegation while in Washington will also meet with international development partners, development agencies, and investment banks on the policies that the administration is pursuing to realize macroeconomic stability, economic growth and development for Jamaica.

The IMF/World Bank Group Spring Meetings present a forum for discussion among the institutions’ Governors, most of whom are Ministers of Finance; Governors of Central Banks, and other high-level authorities of the member countries. Also in attendance at these meetings are representatives of multilateral financial institutions, development agencies, commercial and investment banks and some private sector businesses. The Minister is scheduled to hold a series of meetings with the various departments’ heads from of the IMF and World Bank.

While in Washington, Minister Phillips will hold discussions with the President of the Inter-American Development Bank, Mr. Alberto Moreno on portfolio related matters. He will also have engagements with officials from the US State Department as well as with Assistant Secretary, Marisa Lago from the US Treasury Department.

Minister Phillips is accompanied by the Governor of the Bank of Jamaica, Mr. Brian Wynter; the Director General of Planning Institute of Jamaica (PIOJ), Mr. Colin Bullock; and the Financial Secretary, Mr. Devon Rowe.

He will return to Jamaica on Sunday, 13 April 2014.