Finance Minister meets with leadership of key international financial institutions

 

Minister of Finance Dr. Ashni Singh met recently with several key international financial institutions in Washington DC to discuss ways in which these institutions can better serve the needs of Guyana and its regional neighbours.

The Minister returned earlier this week after representing Guyana at the 2013 annual meetings of the Boards of Governors of International Monetary Fund (IMF), and the World Bank, the 2013 Commonwealth Finance Ministers’ Meeting, and the 5th Meeting of Finance Ministers of the Americas and the Caribbean.

The meeting served as a platform for Minister Singh to draw attention to several critical issues that affect Guyana and the region. Amoung the issues raised is the special circumstances of the small states of the Caribbean and, in particular, the peculiar development challenges faced by the Region.

He called on the international community, especially development partners like the international financial institutions, to take account of these circumstances in devising strategies to support the Region in achieving sustainable growth and development.

The Minister called for the use of more innovative instruments to be designed and applied in support of the Region’s development efforts.

During Minister Singh’s visit to the US capital he met with several other key partners, including President of the Inter American Development Bank, Luis Alberto Moreno and other prominent members of the international financial institutions based in that city.

International Monetary Fund Managing Director Christine Lagarde has breakfast with the leaders from the Caribbean at the IMF Headquarters October 13, 2013 in Washington, DC. The ministers and governors are attending the IMF/World Bank Spring Meetings in Washington. IMF Photo/Stephen Jaffe