September 2006
IMF-World Bank Development Committee
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The Secretariat of the Development Committee
is located in the main complex of the World Bank.
Address:
DC: Monday, September 18, 2006
Annual Meetings: September 19-20, 2006
The World Bank
1818 H Street, NW
Washington, DC 20433 USA
tel: (202) 473-1000
fax: (202) 477-6391
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 |
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