Minister for Finance Edward Scicluna is attending the 2018 International Monetary Fund (IMF) and the World Bank Group (WBG) spring meetings in Washington D.C., which are being held between 19 and 22 April.
These annual meetings serve as a platform for finance and development ministers, central bank governors, private sector executives, and academics to discuss issues of global concern including the world economic outlook, external environment and development challenges.
Minister Scicluna is holding talks with senior officials of leading international financial institutions on the fringes of the IMF spring meeting. During these meetings with senior officials of leading international banks, and top officials from leading rating agencies, Moody’s, Standard and Poor’s, Fitch Ratings and DBRS Sovereign, Malta’s economic, fiscal, and financial outlook as well as its challenges for the coming years is being discussed.
Minister Scicluna also had high-level meetings with the World Bank Executive Director, Patrizio Pagano, International Monetary Fund (IMF) Directors Alessandro Leipold and Subir Gokarn, and the Vice President of the European Investment Bank Vazil Hudak.
Meetings were also held with the IMF’s EUR Article IV Mission, Nir Klein; the Financial Sector Assessment Programme (FSAP), Jim Morsink and Veronica Bacalu; and other officials from the Capital Markets Department and Fiscal Affairs Department.
Minister Scicluna was accompanied by Central Bank of Malta Deputy Governor Alexander Demarco, the minister’s Chief of Staff Paul DeBattista, and Malta Stock Exchange Chairperson Joseph Portelli.
Saturday 21st April 2018