The Borneo Post (Sabah)

Husni to highlight issues affecting Southeast Asia at IMF-World Bank

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KUALA LUMPUR: Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah will be using Malaysia’s position as the spokespers­on for the South East Asia Voting Group to highlight issues affecting the group during the Developmen­t Committee (DC) meeting at the IMF-World Bank Annual Spring Meetings.

The South East Asia Voting Group comprises 10 Asean member countries as well as Nepal, Fiji and Tonga.

The Ministry of Finance in a statement yesterday said the issues to be raised by the minister include global developmen­t issues that are critical in eradicatin­g extreme poverty and promoting shared prosperity and financial inclusion.

“Malaysia’s participat­ion at the DC meeting as the spokespers­on for the South East Asia Voting Group is essential to represent the voice of the constituen­cy and highlight the region’s concerns at this internatio­nal forum,” it said.

It said global issues to be actively deliberate­d upon during the meeting include the refugee crisis, climate change, healthcare system, disaster risk management and innovative methods of financing infrastruc­ture developmen­t to enhance trade and investment.

The ministry said Ahmad Husni, who will be leading the

Malaysia’s participat­ion at the DC meeting as the spokespers­on for the South East Asia Voting Group is essential to represent the voice of the constituen­cy and highlight the region’s concerns at this internatio­nal forum. Ministry of Finance

Malaysian delegation to the IMFWorld Bank Meetings on April 1517 in Washington, D.C., will also be a panel speaker at the Seminar on Energy Subsidy Reform.

It said the minister will share Malaysia’s experience and approach in implementi­ng energy subsidy reform and the transforma­tional programmes that the government has undertaken as well as the lessons learnt.

On the sidelines of the IMFWorld Bank Meetings, Ahmad Husni will meet internatio­nal rating agencies to update them on the current economic and financial developmen­ts as well as steps taken to address the challenges in the country, the ministry said.

“He will also brief them about the ongoing initiative­s undertaken to strengthen the country’s fiscal and monetary position,” it added.

The IMF and World Bank Meetings is a platform for discussion and exchanging views, among others, on current issues affecting the global economy, internatio­nal financial system and progress of the global developmen­t agenda, including poverty reduction.

The forum will also highlight the progress on the activities of the IMF and World Bank Group, including policies and programmes implemente­d in assisting member countries facing financial and developmen­t difficulti­es. — Bernama

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 ??  ?? Datuk Seri Ahmad Husni Hanadzlah
Datuk Seri Ahmad Husni Hanadzlah

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