Finance Minister Mr. Christos Staikouras is leaving for Washington DC tomorrow, Tuesday, October 11, in order to participate in the Annual Meeting of the International Monetary Fund (IMF) and the World Bank, which is taking place this week in the American capital.
As part of the Summit, the Minister of Finance will aprticipate the day after tomorrow, Wednesday, October 12, in a closed discussion with the Director General of the IMF, Mrs. Kristalina Georgieva and other European officials, which will discuss fiscal challenges during the current period of high inflation.
The meetings
On the same day, Mr. Staikouras will participate in the 8th meeting of the Alliance of Finance Ministers for Climate Action, of which Greece has been a regular member for the last three years. The goal of the Alliance is to promote strong collective actions on climate change and addressing its impacts.
On Thursday, October 13, the Minister of Finance will represent Greece at the introductory meeting of the IMFC (International Monetary and Financial Committee), where the course and prospects of the global economy will be analyzed and the IMF’s reports on the prospects of the global economy will be presented on the economy (World Economic Outlook), fiscal figures (Fiscal Monitor) and financial stability (Financial Stability Report).
On Friday, October 14, Mr. Staikouras will participate in a meeting of European Finance Ministers with the US Treasury Secretary Ms. Janet Yellen, as well as at the Plenary of the Annual Meeting of the IMF and the World Bank, while he will meet with the Greek workers at the International Monetary Fund. He will also take part in a meeting of Finance Ministers, with the aim of preparing the COP15 Biodiversity Summit. In this meeting, with the theme “Investing in nature: Aligning financial flows with biodiversity goals”, the International Corporate Relations Commissioners Ms. Jutta Urpilainen and Environment, Oceans and Fisheries Mr. Virginijus Sinkevicius.
Finally, on Saturday, October 15, the Minister of Finance will meet with the Director of the European Department of the IMF, Mr. Alfred Kammer.
During his stay in Washington, Mr. Staikouras, together with the Secretary General of Fiscal Policy Mr. Athanasios Petralia, the President of the Council of Economic Experts Mr. Michalis Argyrou and the Director General of the Public Debt Management Organization (ODDIX) Mr. Dimitris Tsakonas, they will have meetings with high-ranking executives of investment and banking groups and rating agencies, such as, among others, Bank of America, Citi, Commerzbank, Credit Suisse International, Deutsche Bank, Goldman Sachs, Moody’s, Nomura, Société Générale, etc. .
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