Africa-Press – Angola. An Angolan delegation led by the Minister of Finance, Vera Deves de Sousa, will participate in the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF), which begin tomorrow in Washington, Angop reported on Saturday. The annual event brings together several entities that will discuss issues related to public and private finances, geopolitics, innovation and economic projections, as well as the adoption of new measures for the global economy.
The meeting, which will be attended by Finance Ministers, central bank governors, academics and several global market agents, also serves to discuss and share macroeconomic information, measure global poverty and inequality, as well as analyze the global situation, in order to identify innovative solutions and strategies.The highlight of the meetings is the meeting between the IMF’s Monetary and Financial Committee and the World Bank’s Development Committee.
In 2024, the Spring meetings took place from 11 to 16 April in Washington, where Angola participated with the aim of reaching new financing agreements.
Created in 1944 at the Bretton Woods Conference and having begun its operations in 1945, when 29 countries signed the international organisation’s founding agreement, the IMF currently has 189 member countries, including Angola, which has also been a member of the World Bank since 1989.
The World Bank Group, which also supports Angola’s efforts to reduce poverty and promote economic growth, is an international financial agency belonging to the United Nations System, and was initially created in 1944 to assist economies destroyed by the Second World War.
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