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Minister of Finance to attend IDB meeting in The Bahamas


Minister of Finance to attend IDB meeting in The Bahamas

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MINISTER OF FINANCE and Economic Affairs, Christopher Sinckler, will represent Barbados at the Fourth Meeting of the Governors of the Caribbean Country Department of the Inter-American Development Bank (IDB) in The Bahamas.

Also attending the two-day meeting, which will be held on February 19 and 20, are Director of Finance and Economic Affairs, Martin Cox, and Permanent Secretary in the Economic Affairs Division, Dr Louis Woodroffe.

In addition, there will be representatives from the host country, Guyana, Jamaica, Trinidad and Tobago and Suriname. The officials will meet with the president of the IDB, Luis Alberto Moreno, to discuss a number of matters. These include proposals for the organisational structure and capitalisation of the IDB’s private sector agency, and long-term financial policies of the Bank, including the long-term financial policy framework and the capital adequacy policy. 

These bilateral discussions in The Bahamas are in preparation for the annual meeting of the IDB Board of Governors, which will be held in Korea from March 26 to 29 this year. Ministers of Finance, presidents of Central Banks or other high-level authorities of member countries, and representatives of multilateral financial institutions, development agencies, commercial and investment banks, business, private sector and civil society organisations, will be in attendance at that meeting. (BGIS)