CAIRO, August 3, 2018 (MENA) - Egypt is set to host the annual meetings of the African Caucus of the World Bank (WB) Group and International Monetary Fund (IMF) on Sunday and Monday, under the patronage of Prime Minister Moustafa Madbouli. The meetings will be held in the Egyptian Red Sea resort city of Sharm el Sheikh, with 40 countries participating. The meetings are organized by the investment and international cooperation and finance ministries, in cooperation with the Central Bank of Egypt (CBE). Ministers of Investment and International Cooperation and Finance, Sahar Nasr, Mohamed Maeit respectively will chair the annual meetings of the African Group, in the presence of representatives of the major international institutions, the Investment Ministry said in a statement on Friday. The meetings will bring together a number of African international cooperation and finance, as well as governors of central banks along with high level officials from the WB and the IMF, the statement said.
