Finance Minister, Ken Ofori-Atta has been appointed as chairman of the Development Committee of the World Bank.
The Development Committee is a joint committee of the boards of governors of the International Monetary Fund (IMF) and the World Bank, which advises the Bank and the IMF on critical development issues and the resources needed to promote economic development.
Mr. Ken Ofori-Atta will assume Chairmanship of the World Bank Committee at the 2018 Annual Meetings in Bali in October, 2018.
The Committee which has 25 members usually meet twice a year following the IMFC meeting.
The World Bank President Jim Kim, and Former President John Mahama have both congratulated Finance Ken Ofori-Atta on his appointment as chairman of the Development committee of the World Bank and also for winning the Africa Finance Minister of the Year award.
Mr. Ofori-Atta was awarded the prestigious African Finance Minister of the year at the Annual African Development Bank (AfDB) Meeting in Busan, South Korea.
The award follows Ghana’s recent macroeconomic performance.
Recognised as Africa’s most results-oriented Finance Minister, Ken Ofori-Atta’s prudent economic management has boosted confidence and optimism in Ghana’s economy – hauling it out of a deeply pessimistic economic outlook from a little over a year ago.