Richard Melson

September 2006

IMF-World Bank Development Committee

Development Committee

http://web.worldbank.org/

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The Secretariat of the Development Committee

is located in the main complex of the World Bank.

Address:

1818 H Street, N.W.
Washington, DC
Room MC-12-427

Telephone: (202) 458-2980
Fax: (202) 522-1618
Internet
devcom@worldbank.org

Future Meetings:

Annual Meetings

The World Bank
1818 H Street, NW
Washington, DC 20433 USA
tel: (202) 473-1000
fax: (202) 477-6391

Members and Observers

Member:

Constituency:

Kazuyoshi AKABA
Senior Vice Minister of Finance
Ministry of Finance
Japan
Alternate Member
Hiroshi WATANABE
Vice Minister of Finance for International Affairs
Ministry of Finance
Japan
Ibrahim AL-ASSAF
Minister of Finance
Saudi Arabia
Alternate Member
Hamad AL-SAYARI
Governor, Saudi Arabian Monetary Agency
Saudi Arabia
Ahmed bin Mohammed AL KHALIFA
Minister of Finance
Bahrain
Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, United Arab Emirates, Republic of Yemen
Hilary BENN
Secretary of State for International Development,
Department for International Development
United Kingdom
Alternate Member
Gordon BROWN
Chancellor of the Exchequer
United Kingdom
Bohoun BOUABRE
Minister of State, Planning and Development
Côte d'Ivoire
Benin, Burkina Faso, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Cote d'Ivoire, Democratic Republic of the Congo, Djibouti, Equatorial Guinea, Gabon, Guinea, Guinea-Bissau, Madagascar, Mali, Mauritania, Mauritius, Niger, Republic of Congo, Rwanda, São Tomé and Principe, Senegal, Somalia (informally), Togo
Thierry BRETON (not attending)
Minister of Economy, Finance and Industry
France
Alternate Member
Xavier MUSCA (not attending)
Director General, Treasury, and Economy Politics
Temporary Alternate Member
Brigitte GIRARDIN
Minister of Cooperation, Development and Francophone Affairs
France
Luis CARRANZA Ugarte
Minister for Economy and Finance
Peru
Argentina, Bolivia, Chile, Paraguay, Peru, Uruguay
Palaniappan CHIDAMBARAM
Minister of Finance
India
Alternate Member
A.K. JHA
Secretary, Department of Economic Affairs
Bangladesh, Bhutan, India, Sri Lanka
James Michael FLAHERTY (not attending)
Minister of Finance
Canada
Alternate Member (not attending)
Josee VERNER (Ms.)
Minister of International Cooperation and
Minister for Francophone and Official Languages
Temporary Alternate Member
Mark CARNEY
Senior Associate Deputy Minister and
G7 Finance Deputy
Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Guyana, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines
Jorge GIORDANI (not attending)
Minister of Planning and Development
Venezuela
Alternate Member (not attending)
Nelson Merentes Diaz
Minister of Finance
Temporary Alternate Member
Eudomar TOVAR
Vice Minister of Finance
Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Spain, República Bolivariana de Venezuela
Eero HEINALUOMA
Minister of Finance
Finland
Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden
Sri Mulyani INDRAWATI
Minister of Finance
Indonesia
Brunei Darussalam, Fiji, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, Vietnam
JIN Renqing
Minister of Finance
China
Alternate Member
LI Yong
Vice Minister of Finance
China
Aleksei L. KUDRIN
Minister of Finance
Russian Federation
Russian Federation
Okyu KWON
Deputy Prime Minister, and Minister of Finance and Economy
Korea
Alternate Member
Dong-soo CHIN
Vice Minister of Finance and Economy
Australia, Cambodia, Kiribati, Republic of Korea, Marshall Islands, Federated States of Micronesia, Mongolia, New Zealand, Palau, Papua New Guinea, Samoa, Solomon Islands, Vanuatu
Doris LEUTHARD
Federal Councillor
Minister of Economic Affairs
Switzerland
Azerbaijan, Kyrgyz Republic, Poland, Republic of Serbia, Switzerland, Tajikistan, Turkmenistan, Uzbekistan
Guido MANTEGA
Minister of Finance
Brazil
Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname, Trinidad and Tobago
Trevor MANUEL
Minister of Finance
South Africa
Angola, Botswana, Burundi, Eritrea, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Nigeria, Seychelles, Sierra Leone, South Africa, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe
Fathallah OUALALOU
Minister of Finance and Privatization
Morocco
Afghanistan, Algeria, Ghana, Islamic Republic of Iran, Morocco, Pakistan, Tunisia
Tommaso PADOA Schioppa
Minister of Economy and Finance
Italy
Alternate Member
Mario DRAGHI
Governor, Bank of Italy
Albania, Greece, Italy, Malta, Portugal, San Marino, Timor-Leste
Henry PAULSON
Secretary of the Treasury
United States
Alternate Member
Josette S. SHINER
Undersecretary for Economic, Business and Agricultural Affairs
Department of State
Temporary Alternate Member
Clay LOWERY
Assistant Secretary for International Affairs
United States
Didier REYNDERS
Deputy Prime Minister and Minister of Finance
Belgium
Austria, Belarus, Belgium, Czech Republic, Hungary, Kazakhstan, Luxembourg, Slovak Republic, Slovenia, Turkey
Heidemarie WIECZOREK-ZEUL
Federal Minister for Economic Cooperation & Development
Germany
Alternate Member
Thomas MIROW
State Secretary
Federal Ministry of Finance
Germany
Gerrit ZALM (not attending)
Minister of Finance
Netherlands
Alternate Member
Agnes VAN ARDENNE
Minister for Development Cooperation, Ministry of Foreign Affairs
Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Moldova, Netherlands, Romania, Ukraine
Alberto CARRASQUILLA (CHAIRMAN)
Minister of Finance and Public Credit
Colombia
Colombia


Observer Organization:

Represented by:

African Development Bank Donald Kaberuka
President
Arab Bank for Economic Development in Africa Abdelaziz Khelef
Director General
Arab Fund for Economic and Social Development Abdulatif Youssef Al-Hamad
Director General and Chairman of the Board
Arab Monetary Fund Jassim Al-Mannai
Director General and Chairman of the Board
Asian Development Bank Haruhiko Kuroda
President
Commonwealth Secretariat Donald Charles McKinnon
Commonwealth Secretary-General
The Cooperation Council for the Arab States of the Gulf Abdulrahman H. Al-Attiyah
Secretary-General
Council of Europe Development Bank Raphael Alomar
Governor
Development Assistance Committee Richard Manning
Chairman
European Bank for Reconstruction and Development Jean Lemierre
President
European Commission Joaquin Almunia, Commissioner for Economic and Monetary Matters
Member of the European Commission
European Investment Bank Philippe Maystadt
President
Food and Agriculture Organization Jacques Diouf
Director General
Inter-American Development Bank Luis Alberto Moreno
President
International Fund for Agricultural Development Lennart Bage
President
International Labour Organization Juan Somavia
Director-General
Islamic Development Bank Ahmed Mohamed Ali
President
Nordic Development Fund Jens Lund Sorensen
President
Nordic Investment Bank Johnny Akerholm
President and CEO
OPEC Fund for International Development Suleiman Jasir Al-Herbish
Director-General
Organisation for Economic Cooperation and Development Angel Gurría
Secretary-General
United Nations Kofi Annan
Secretary General
United Nations Conference on Trade and Development Supachai Panitchpakdi
Secretary-General
United Nations Development Programme Kemal Dervis
Administrator
West African Development Bank Issa Coulibaly
Acting President
World Health Organization (WHO) Anders Nordstrom
Acting Director General

World Trade Organization

Pascal Lamy
Director-General

The Development Committee (DC) is a forum of the World Bank and the International Monetary Fund that facilitates intergovernmental consensus-building on development issues. Known formally as the Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries, the Committee was established in 1974.

The Committee's mandate is to advise the Boards of Governors of the Bank and the Fund on critical development issues and on the financial resources required to promote economic development in developing countries. Over the years, the Committee has interpreted this mandate to include trade and global environmental issues in addition to traditional development matters.

The Committee has 24 members, usually Ministers of Finance or Development, and who represent the full membership of the Bank and Fund. They are appointed by each of the countries, or groups of countries, represented on the Boards of Executive Directors of the Bank and Fund. The Chairman is selected from among the Committee's members and is assisted by an Executive Secretary elected by the Committee. The current Chairman is Minister Alberto Carrasquilla, Minister of Finance, Colombia. The current Executive Secretary is Kiyoshi Kodera.

The Development Committee meets twice a year; in the spring in tandem with the International Monetary and Financial Committee, and in the fall before the Bank-Fund Annual Meetings. The agenda for the meetings is based on issues recommended by the Chairman, the President of the Bank, the Managing Director of the Fund, and the Executive Boards of the Bank and Fund. Given the Committee's focus, the President of the Bank has a special responsibility to propose topics that he believes require the attention of the ministers.

IMF-World Bank Development Committee

September 2, 2006