Discussions focus on development in the global economy

Deputy Prime Minister and Minister of Finance Professor Biman Prasad met with the First Deputy Managing Director of the International Monetary Fund, Professor Gita Gopinath, at the 2024 International Monetary Fund/World Bank Group Annual Meetings currently being held in Washington DC in the US.

Discussions which focus on the developments in the global economy in Fiji and the future outlook and risks emanating from escalating geopolitical tensions and climate change were discussed between Professor Prasad and Professor Gopinath.

Professor Prasad says he is thankful Professor Gopinath came up with the regular policy advice and technical support rendered through the IMF. He urged the Fund to do more for small island states in the Pacific region in terms of access to climate financing and regional integration.

He reiterates the meetings will continue over the week with the World Bank President, IMF Managing Director, COP 29 President and various other bilateral engagements.

Professor Prasad is accompanied by the Permanent Secretary for Finance Mr. Shiri Gounder, Nemia Dawai, Asenaca Mae and Mere Cakaunitabua from the Ministry of Finance, along with the Governor of the Reserve Bank of Fiji Ariff Ali.