Egypt Finance Minister Amr el Garhy is set to travel to the US on Tuesday to take part in the 2016 annual meetings of the boards of governors of the International Monetary Fund (IMF) and the World Bank group, scheduled to be held in Washington, D.C., October 3-9, Youm7 reported.
The Board of Governors for each institution consists of one governor from each of the institutions’ member countries, typically the finance minister, central bank governor, or minister of development.
During the meetings, the Boards of Governors decide on major policy issues related to the future work of the two institutions, which are subsequently implemented by their respective Executive Boards.
