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Lovell To Attend IMF Gathering

Minister Harold LovellFinance and Economy Minister Harold Lovell is heading Antigua & Barbuda’s delegation to the annual meetings of the International Monetary Fund and the World Bank in Washington DC this week.

Among the issues to be discussed are the world economic outlook, poverty eradication, economic development, and aid effectiveness.

About 13,000 ministers of finance and development, central bankers, private sector executives, representatives of international and non-governmental organisations and academics are expected to attend the October 8-10 meetings.  

Antigua and Barbuda’s delegation will use the opportunity to hold a series of bi-lateral consultations, among them with the OPEC Fund for International Development (OFID). The government recently rescheduled its $800,000 debt to OFID free of interest.

Minister Lovell is expected to participate in the Small States Forum, and will also join other Caribbean government representatives at the Washington meetings during a special session on regional economic developments. Antigua & Barbuda’s delegation is also scheduled to meet with the World Bank Country Director for the Caribbean.


A meeting will also be held with the IMF’s deputy managing director to discuss the progress of the Stand-By Arrangement with the Fund.

While in Washington, the Finance and Economy Minister will attend the meeting of Commonwealth Finance Ministers, whose agenda includes deliberations on "Policy Options to Address the Debt Problem of Commonwealth Small Vulnerable Economies".

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6 Comments In This Article   

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#6 I'm Rich » 2010-10-07 23:30

Press reports While in Washington, the Finance and Economy Minister will attend shows, dine out extravagantly, buy new suits and electrical goods to ship back to Antigua (Tax Free) all paid for by the Antiguan people.
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I'm Rich

Not Again

#5 Really » 2010-10-07 09:31

Oh me gosh,this really hurts,another Vacation for Harold& Co from my hard earned taxes,and i cant afford to take one since 2005, what a Shame!!!.All they will come back with is a mouth full of words, round mouth talking according to Lennox Weston
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Really

Swetes Man

#4 Disgusted » 2010-10-07 06:47

You sound like a goat,what the Hell went wrong with our Schools,how did we end up with so much Duncie headed **?
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Disgusted

#3 Ait Miles » 2010-10-07 04:45

Just think of the air miles "Ninja Turtle" Lovell must be getting for all these trips. never mind our future Prime Minister has everything in hand. just keep increasing taxes and everything will be OK.
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Ait Miles

THe Burdens One party inherits

#2 Swetes Man » 2010-10-07 02:45

My Gosh is right!!!!! Antigua & Barbuda people need to rid themselves of the ham and turkey politics that Lester Bird and his ministers have been planting in their minds for such as long time. U.P.P. have had to take these trips to address debts that have not been paid since the father of the nation once ruled our beloved twin island nation. Because of how they've rapped this nation of ours for so many years, it has caused us to become a stagnant people being so far behind where we should actually be. Guidance U.P.P. God is on your side because it is he that put you there. One Love.
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Swetes Man

Gosh!

#1 Morris » 2010-10-06 07:34

My gosh! Who don't we owe? It seems that most trips overseas have the added task of rescheduling/re structuring overdue debts.
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Morris

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