Nigeria’s ex-finance minister, Okonjo-Iweala bags IMF appointment

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Nigeria’s former finance minister, Dr Ngozi Okonjo-Iweala was named by the IMF on Friday as a member of its External Advisory Group.
She is the only one from Africa in the 12-member group that included Mr Kevin Rudd, former Prime Minister of Australia.


IMF’s Managing Director, Kristalina Georgieva, named the team on Friday in a statement.
She said the advisory group will provide perspectives from around the globe on key developments and policy issues, especially as the world faces the economic challenges of COVID-19.


“Even before the spread of COVID-19 and the dramatic health, economic, and financial disruptions it has brought, IMF members confronted a rapidly evolving world and complex policy issues.
“To serve our membership well in this context, we need top-notch input and expertise from the widest range of sources, inside and outside the Fund.


“Toward this end, I am proud that an exceptional and diverse group of eminent individuals with high-level policy, market, and private sector experience has agreed to serve on my External Advisory Group.
“Today we had a dynamic discussion to gain their insights, and to receive informal reactions to our ideas and approaches,” she added.


The advisory group is expected to meet a few times in a year with the IMF Managing Director, Deputy Managing Directors, and a sub-set of IMF department Directors.
Apart from Okonjo-Iweala, the 11 other members are:

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