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PHOTO: COURTESY OF THE BANK OF ENGLAND
Abstract
The speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings.
The paper discusses development of smallholder tea cultivation and a new breed of planters in Kenya. As the work of land consolidation and registration progressed in Kenya, tea planting in areas that were ecologically suitable became increasingly popular. The paper highlights that with the help of some US$3 million from the International Development Association, about 900 miles of tea collection and factory access roads are being constructed in the various tea-growing areas of Kenya, and some 15 small road maintenance units are being established and equipped.
Abstract
Mr. Chairman, Governors, honored guests, it is a pleasure to welcome you to these meetings on behalf of the International Monetary Fund.
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Mr. Strauss-Kahn, Managing Director of the IMF, Mr. Zoellick, President of the World Bank Group, Ladies and Gentlemen:
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Thank you for joining us at these Annual Meetings. I want to express my particular thanks to our Chairman, Zoran Stavreski, and, once again, to Agustín Carstens for his leadership of the Development Committee and his partnership as a friend. I cannot imagine a better Chair to work with during my first year.
Abstract
Thank you for this opportunity to share selected highlights of yesterday’s Development Committee discussion. A more comprehensive account of our work is available in our published Communiqué.