21 July 2024 11:24 AM


2020 African Caucus Meeting of Governors of WBG & IMF

Sunday، 09 August 2020 01:33 AM

International Cooperation Minister Rania el Mashat said that African countries are exerting great efforts to contain the spread of COVID-19 in order to limit the economic and social impacts of the virus.

This came in her speech during the 2020 African Caucus Meeting of the Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF).

She asserted that no country can overcome the pandemic crisis alone, noting that coordination between the African countries and developmental partners is required to surmount the current crisis.

Some 250 delegates from Africa as well as the International Monetary Fund (IMF) and World Bank Group met to set the vision and identify the ambitions for Africa to build and strengthen resilience to future shocks as the region recovers from the Covid-19 pandemic.

The meeting is held under the theme "Protecting Africa's Human Capital in the Face of Covid- 19: Saving Lives, Preserving Well-being and Safeguarding Productivity and Jobs".

Established in 1963 as the "African Group," the African Caucus was set up with the objective of strengthening the voice of African Governors in the two Bretton Woods Institutions on development issues of interest to Africa. Membership is open to all African countries that are members of the International Monetary Fund and World Bank Group.

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