Fakhoury concludes participation in WB, IMF Spring sessions

AMMAN — Planning and International Cooperation Minister Imad Fakhoury has concluded his participation in the Spring meetings of the World Bank Group (WB) and the International Monetary Fund (IMF), held in Washington between April 16 and 22, a Planning Ministry statement said.

Fakhoury, who is on the WB board of governors, held several meetings with the bank’s administration and a number of senior officials, and took part as a keynote speaker in three panel discussions. He also joined the meeting of the WB’s development committee and held several bilateral meetings with representatives of the leading donor countries in preparation for the 2nd Brussels conference.

Fakhoury discussed means of finding various mechanisms to increase financing for Jordan, shedding light on the Kingdom’s “pioneering” approach in dealing with the repercussions of the Syrian refugee crisis through the Jordan Compact and the Jordan Response Plan. He also stressed the importance of the private sector in realising the goals of development and creating jobs amidst an unstable regional situation.