Headlines News

‘Team Zambia’ set for IMF, WBG talks

MINISTER of Finance Felix Mutati and his Planning and Development counterpart Lucky Mulusa are expected in Washington DC this week for the 2017 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG).
According to a statement issued yesterday by the first secretary for press and public relations at the Zambian embassy in USA, Patricia Litiya, the spring meetings bring together ministers of Finance, ministers of Development, and governors of central banks, and civil society organisations to discuss, among others, global economic affairs.
The two ministers are expected to attend the Africa Group one constituency meeting of which Mr Mutati is board member.
Several meetings are expected to be held between the Zambian delegation and representatives of cooperating partners. Among them is the meeting with the IMF Mission Team, IFC Africa Management Team, and the African Development Bank (AfDB).
The Finance Minister is scheduled to speak at the spring meeting Africa forum that will discuss, among others, the priorities, opportunities, and challenges of doing business in Africa, including the political environment, economic policy, security, taxation and business regulations.
Mr Mutati is also expected to speak at the youth platform breakfast meeting that will discuss the best way forward for a coordinated approach to support full participation of young people in the economy and in society.
Mr Mutati will then speak at a seminar on `Revealing the myths and collecting the facts on social protection in Africa’.
He will speak on the rationale for the expansion of the Social Cash Transfer, impact of the programme, and experiences drawn from the programme.
Mr Mulusa will address a high-level panel discussion on refugees’ crisis in Africa, and its impact on the economies of host countries.
He will also attend the 6th Annual Ministerial Roundtable on Safety Nets for Effective and Inclusive Social Protection where among matters to be discussed, are how social safety nets have evolved during the last five years to be effective and inclusive, the promising policies, design features, and institutional arrangements, as well as the role of public-private partnerships.
The Zambian delegation will meet with financial institutions such as the Citibank Group, Standard Chartered Bank, and the Eastern and Southern African Trade and Development Bank.
The Zambian delegation includes the deputy secretary to the Cabinet Christopher Mvunga; Secretary to the Treasury Fredson Yamba; Ministry of Finance permanent secretary Mukuli Chikuba; Ministry of Development and Planning permanent secretary Chola Chabala and Bank of Zambia Governor Dr Denny Kalyalya.

Facebook Feed