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Friday, June 14, 2024

FINANCE MINISTER BOIMA KAMARA TO ATTEND AFRICAN DEVELOPMENT BANK ANNUAL MEETINGS IN NAIROBI

Date:

MONROVIA – Minister of Finance and Development Planning of the Republic of Liberia, Boima Kamara, will depart this weekend to attend the Annual Meetings of the African Development Bank (AfDB) in Nairobi, Kenya. According to a statement issued by the Communications Unit of the Ministry of Finance and Development Planning (MFDP) today, the meetings will be held from May 27-31.

Minister Kamara will be accompanied by Deputy Minister for Economic Management, Hon. Dehpue Zuo, as part of President Joseph Nyumah Boakai’s delegation to the continental event. The AfDB Annual Meetings provide a platform for high-level decision makers in Africa, officials from bilateral and multilateral development agencies, academics, non-governmental organizations, civil society, and the private sector to exchange knowledge and ideas.

This year’s theme, “Africa’s Transformation, African Development Bank Group, and Reform of the Global Financial Architecture,” encompasses the 59th Annual Assembly of the African Development Bank and the 50th meeting of the African Development Fund.

According to the MFDP release, Minister Kamara, who also serves as the Governor of the Bank in Liberia, will participate as a panelist in Thematic Knowledge Event 2: “Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa.”

The 2024 Annual Meetings will feature a Presidential Dialogue, a high-level plenary for the launch of the Bank’s flagship publication—the 2024 African Economic Outlook (AEO), and two thematic knowledge events. These events will align with the theme by focusing on accelerating structural transformation in Africa, which is viewed as essential for faster socio-economic development.

The knowledge events will also explore the importance of a reconfigured global financial architecture as a catalyst for structural transformation and highlight the AfDB’s contributions to Africa’s socio-economic progress over the past 60 years.

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