Dr. Musokotwane who represents Zambia as Governor within the World Bank Group is heading the Zambian delegation which includes Secretary to the Treasury who is also Alternate Governor of the World Bank Mr. Likolo Ndalamei, Special Advisor to the President for Economy and Development, Dr. Richard Chembe and the Permanent Secretary (Budget and Economic Affairs) Mr. Emmanuel Ngulube and other officials from the Ministry of Finance. This is according to a press statement made available to Lusakatimes by Ben Kangwa Press secretary to Zambian embassy in Washington DC
Also attending the Spring meetings is a team from the Bank of Zambia- Bank of Zambia Governor and Alternate Governor of the IMF, Dr. Caleb Fundanga, will join the Zambian delegation on Friday.
The Washington program for the Minister of Finance includes meetings with the management of the IMF and the World Bank 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.
The Minister is scheduled to meet with World Bank Managing Director Ms. Ngozi Okonjo-Iweala to share views on Zambia’s Sixth National Development Plan, its macroeconomic reforms, infrastructure needs and other projects in the pipeline.
Other issues likely to be discussed include Irrigation projects and its impact on food security, employment creation and economic growth.
He will also meet with the International Monetary Fund (IMF) Managing Director Mr. Dominique Strauss- Khane, the Nowergian State Secretary Ms. Fiska Ingrid and the Millennium Challenge Corporation (MCC) Vice President for Compact Implementation, Mr. Patrick Fine.
Dr. Musokotwane will also attend an IMF Panel discussion on the performance of the Brazil , Russia, India and China (BRICs) serving as a new growth model for Low Income Countries (LIC) such as Zambia as well as attend a meeting of the Africa Group1 Constituency.
Reports that will form part of the agenda for discussion at this year’s Spring meetings will include among others an update on the “World Bank Group Modernization “, the Global Monitoring Report for 2011, the 2011 World Development Report, the Global Food Prices and Governance and Accountability.
Our growth is strong at 7.6%, our macro-economic fundamentals are strong with inflation in single digit, our reserves are strong, and our currency is stable. We have every right to be proud. So Situmbeko go and tell them about our achievements. Please also tell them that our policies will be maintained and sustained because MMD will still be in office come 2012.
How is this news?
# 2 Kalos2121, how do you define news? What is news? My quick research (because I wanted to get a commonly accepted definition) showed me that news is “new information about anything; information previously unknown”. Unless Kalos2121 uli ndoshi for you to know everything, then the story in not news. Problem with you Kalos2121, you rubbish any subject beyond your level of understanding.
# 3, who did I bewitch? RESEARCH, What research? Just say your quick search. I am just worried about people who tell others that some stuff is beyond their understanding but they have to research the word – NEWS. Are you friendless looking to have a conversation with someone? I have no time to waste with people who research the word NEWS.
The level of intellect i Zambia must have really gone to the dogs if you have No.2 as a blogger. Thank God i left.
Congratulations Dr. and wish Zambia breakthroughs. What else is expected of good economic managers?
PF Kaponyas what criticism do you have? Share it with us.