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International Monetary Fund. External Relations Dept.

Following are edited excerpts from a press conference given on April 20 by a group of African finance ministers and central bank governors. The IMF’s External Relations Department has been organizing press conferences with African ministers of finance over the past four years during its spring and Annual Meetings to give African member countries’ representatives the opportunity to express their views on issues of interest to their countries. The ministers also met with the heads of the IMF and the World Bank. Participating in the press briefing were Daudi Ballali, Governor of the Central Bank of Tanzania; Paul Bouabre, Minister of Finance for Côte d’lvoire; Emmanuel Kasonde, Minister of Finance for Zambia; Yaw Osafo-Maafo, Minister of Finance and Economy for Ghana; and Jean-Claude Masangu Mulongo, Governor of the Central Bank of the Democratic Republic of Congo.

Klaus Enders

Growth in Egypt has picked up steadily since 2004 (see chart), making it one of the Middle East's fastest growing economies. Egypt launched bold reforms in 2004 that, along with a favorable external environment, have triggered an impressive acceleration of growth, to 7 percent in 2006/07.

International Monetary Fund. External Relations Dept.

The gross amount of money the IMF has available for lending minus money that has been committed, but not yet paid out, under existing loan programs with member countries.

International Monetary Fund. External Relations Dept.

At the UN’s Monterrey Summit in March 2002, heads of state and government agreed to broaden and strengthen the participation of developing countries and economies in transition in international decision making and norm setting. But five years later, it is clear that the reform of the IMF’s governance—which encompasses, among other things, quotas, voting rights, and voice—has progressed rather slowly. This situation urgently needs to be turned around, as recognized by the International Monetary and Financial Committee, which regularly reviews progress on the Monterrey consensus. Its April 2006 communiqué stated that the IMF’s effectiveness and credibility as a cooperative institution must be safeguarded and its governance further enhanced, emphasizing the importance of fair voice and representation for all members.

International Monetary Fund. External Relations Dept.

Following is the statement issued by the Group of Seven finance ministers and central bank governors at the conclusion of their meeting in Washington, D.C., on September 27.

Conny Lotze

When the guns fall silent, the rebuilding begins. From the Great Lakes of Africa to the mountains of Afghanistan and the coffee plantations of Timor-Leste, the IMF is helping revive economies devastated by bloodshed. As part of international efforts to restore stable political and economic structures, the IMF moves in swiftly to help set up the foundations for a functioning economy. Countries emerging from conflict need the capacity to provide essential public services and implement sound economic policies so that people regain confidence that recovery is within reach.

International Monetary Fund. External Relations Dept.
En mettant l’accent sur le travail du FMI et sur les grandes questions macroéconomiques et financières internationales, le Bulletin du FMI présente une analyse des développements nationaux, régionaux et mondiaux, des informations sur le travail, les politiques, les réformes et les activités d'assistance technique du FMI, les conclusions d'études de calibre mondial, des données essentielles qui ne sont souvent pas disponibles ailleurs, ainsi que des rapports sur les discussions économiques et financières au sein du FMI et ailleurs. Publié douze fois par an, ce bulletin de seize pages s'adresse à un large public : dirigeants, analystes, chercheurs, étudiants et journalistes. Disponible en anglais, français et espagnol.
International Monetary Fund. External Relations Dept.
L’édition web du Bulletin du FMI est mise à jour plusieurs fois par semaine et contient de nombreux articles sur des questions de politique générale et de politique économique d'actualité. Accédez aux dernières recherches du FMI, lisez des interviews et écoutez des podcasts proposés par les principaux économistes du FMI sur des questions importantes de l'économie mondiale. www.imf.org/external/pubs/ft/survey/so/home.aspx