English to meet Bernanke, World Bank and IMF
Finance Minister Bill English boards a plane tomorrow for a week-long trip to New York and Washington DC.
Finance Minister Bill English boards a plane tomorrow for a week-long trip to New York and Washington DC, where he will visit the World Bank and International Monetary Fund, and meet Federal Reserve chairman Ben Bernanke.
Mr English will attend the annual meeting of the World Bank board of governors and will also hold discussions with a range of business, financial market and government representatives, his office said.
“This visit is timely, in light of economic and financial market events around the world in recent months,” Mr English says.
“In particular, ongoing concern about debt in Europe and the United States reinforces the need for New Zealand to press on with its programme of building faster growth around savings and investment, with less reliance on borrowing from foreign lenders.
“I’m looking forward to meeting a number of other finance ministers at the World Bank – including the Chinese Finance Minister Xie Xuren.
“Given the economic uncertainty and volatility we’ve seen in Europe and the United States this year, it’s important that New Zealand continues to engage with its trading partners and share ideas on managing common challenges.”
Mr English returns to New Zealand on 27 September.
NBR staff
Mon, 19 Sep 2011
Mon, 19 Sep 2011
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English to meet Bernanke, World Bank and IMF
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