Jordan to attend IMF, World Bank Peru meetings

AMMAN — Minister of Planning and International Cooperation Imad Fakhoury and Minister of Finance Umayya Toukan left the Kingdom to attend the annual meetings of the World Bank and the International Monetary Fund (IMF), which will be held in Lima, Peru, October 5–11. 

A statement issued by the Planning Ministry said Fakhoury, who represents Jordan on the board of governors of the World Bank, is scheduled to hold a series of meetings with top executives at the international financial institution to discuss bilateral ties and future cooperation. 

He is also scheduled to have bilateral meetings with representatives of donor countries and organisations, said the statement, which added that the minister will also participate as a speaker in several sessions and seminars on local, regional and international issues. 

Toukan will represent the Kingdom on the IMF board of governors. 

A statement issued by the Finance Ministry and carried by the Jordan News Agency, Petra, said that Toukan will hold several meetings with officials from the US Department of Treasury as well as representatives from the IMF and the World Bank to discuss cooperation and economic assistance.

The minister's discussions with IMF executives, according to the statement, will focus on an IMF-sponsored financial reform programme that is expected to start its implementation by the beginning of next year.  

The annual meetings are usually held for two consecutive years at the IMF and World Bank headquarters in Washington, DC, and every third year in another member country.