Last Update 16:45
Monday, 20 May 2019

IMF and World Bank spurn Egypt for Japan

Tokyo replaces Cairo as the venue for the financial bodies' 2012 annual meetings

Ahram Online, Tuesday 7 Jun 2011
Share/Bookmark
Views: 1144
Share/Bookmark
Views: 1144

The International Monetary Fund and the World Bank have decided to replace Egypt as venue for their 2012 annual meetings.

The two institutions will hold their October 2012 conferences in Japan, Tokyo, rather than in Cairo as originally planned, they announced today.

According to a statement from the IMF, Egyptian authorities have requested their country host the next annual meetings held abroad. This proposal will be discussed by IMF and World Bank executive boards in the near future, says the release.

The IMF says annual meetings serve to discuss international economic and financial developments, and policies to strengthen inclusive economic growth and help countries overcome poverty.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.