Commonwealth Finance Ministers to meet in Washington DC to discuss crucial emerging economic issues 05 October 2022 ​

Next week, Finance ministers and Central Bank Governors will meet in person for the Commonwealth Finance Ministers Meeting (CFMM) on 12 October 2022  and the Commonwealth Central Bank Governors (CCBG) Meeting on 11 October in Washington D.C. on the margins of the World Bank and IMF meetings.   In a time of economic turbulence, finance ministers and central bank governors will discuss vital strategies to address emerging economic issues, including: Tackling inflation: A Fiscal Stance A Fiscal Framework for Resilient and Sustainable Development Debt burden in the Commonwealth: A focus on Small and Vulnerable States Media Pools – Opening Remarks of the Commonwealth Finance Ministers Meeting and Central Bank Governors meeting Although the CFMM and CCBG are closed meetings, a media pool of 15 journalists can take photos and videos of the opening remarks (the first 10 minutes of the meeting).  The CFMM media pool will occur at 12:30pm – 12:40pm EDT on Wednesday 12th October. The CCBG media pool will occur at 8:00am - 8:10am EDT on Tuesday 11th October. Please note that to join the media pool you must already be accredited to attend the World Bank/IMF meetings.  To confirm your interest in joining the media pools and receive location details please contact:  Angela Kolongo  Communications Officer  Tel: +44 7587 881 503  Email: a.kolongo@commonwealth.int  Please note that the Commonwealth Secretary-General, Rt Hon Patricia Scotland KC, will be in Washington DC next week for the CFMM, to request one-to-one press interviews in Washington DC, please reach out to Angela. Notes to Editors The Commonwealth is a voluntary association of 56 independent and equal sovereign states. Our combined population is 2.5 billion, of which more than 60 per cent is aged 29 or under. The Commonwealth spans the globe and includes both advanced economies and developing countries. Thirty-two of our members are small states, many of which are island nations. The Commonwealth Secretariat supports member countries to build democratic and inclusive institutions, strengthen governance and promote justice and human rights. Our work helps to grow economies and boost trade, deliver national resilience, empower young people, and address threats such as climate change, debt and inequality. Member countries are supported by a network of more than 80 intergovernmental, civil society, cultural and professional organisations. The Commonwealth admitted Gabon and Togo as its 55th and 56th members respectively at the Commonwealth Heads of Government meeting in Kigali, Rwanda in June 2022. Prior to this, Rwanda was the last country to join in 2009.