A Malawi delegation of three finance authorities is in Washington DC, USA to attend a three day International Monetary Fund (IMF) and World Bank’s Spring Meetings.

The delegation includes Finance Minister Ken Lipenga, Secretary to the Treasury, Radson Mwadiwa and the Reserve Bank Governor, Charles Chuka.

During the trip, the senior government officials will also have pre-budget consultative meetings with IMF officials, according to Finance Ministry spokesperson Nations Msowoya.

The officials join their colleagues from across the globe to discuss progress on the work of the IMF and World Bank in their respective countries.

“The meetings are of great importance to the Malawi economy as IMF and World Bank remains Malawi’s key development partners,” said Msowoya.

“Prior to the actual meeting, the Finance Minister will also have pre-budget meetings with IMF officials sourcing views to be in cooperated in the 2013/14 budget.”

The 2013 spring meetings will take place from 18 to 20 April in Washington, DC will also focus on the strides towards poverty eradication and the simmering ongoing financial crisis in the euro zone which still threatens to derail global economic prospects

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ZIMENE MUMAKONDA

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