Finance Delegation In America For IMF/World Bank

Minister of Finance and National Planning, Mr. Alexander B Chikwanda arrived in Washington DC as head of a Zambian delegation to the 2012 IMF/World Bank Spring Meetings.

Also attending the meetings is the Bank of Zambia Governor Dr. Michael Gondwe and other officials from the Central Bank and the Ministry of Finance that includes the Secretary to the Treausry Mr. Fredson Yamba.

According to a programme availed to the Embassy of the Republic of Zambia in Washington DC, Finance Minister Alexander B Chikwanda and his delegation will hold meetings with the management of the IMF and the World Bank such as the Vice President for the Africa Region, Ms. Obiageli Ezekwesili, the World Bank Executive Director Mr. Hassan Taha and the International Monetary Fund(IMF) Director of the African Department Ms. Antoinette Monsio Sayeh to discuss recent economic developments in Zambia, as well as areas where the two institutions can assist in the achievement of Zambia’s development agenda.

Mr. Chikwanda will also meet with the Executive Vice President and CEO of the International Finance Corporation (IFC), Mr. Lars Thunell to discuss IFC work programme in Zambia and future assistance. Last December, IFC assured Zambia that it would continue supporting the country’s investment climate reforms and was committed to supporting the new PF government consolidate positive gains already realized.

Another meeting is scheduled between the Minister and the President of the Millennium Challenge Corporation (MCC) Mr. Daniel W. Yohannes. The MCC recently approved a US$354.8 million Compact with Zambia designed to increase Lusaka’s overall water supply, extend and improve select water supply, sanitation and drainage networks.

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