Peter Costello

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Treasurer to visit Israel and the Palestinian Authorities En Route to IMF and World Bank Annual Meetings in Dubai

NO.081

TREASURER TO VISIT ISRAEL AND THE PALESTINIAN AUTHORITIES EN ROUTE TO IMF AND WORLD BANK ANNUAL MEETINGS IN DUBAI

The Treasurer will attend the Annual Meetings of the Board of Governors of the International Monetary Fund (IMF) and World Bank and associated meetings that will be held in Dubai, United Arab Emirates from 20 to 24 September 2003.

These meetings will provide an opportunity to discuss the economic outlook and policy responses to the risks to the global economy. Discussion will also focus on progress in the IMF and among its members to develop measures for preventing and resolving financial crises. The meetings will provide an opportunity for members to consider how low income countries can best achieve their development objectives and to increase their voice and participation within the IMF and World Bank. Consideration will be given to the most effective means for industrialised countries to assist developing countries achieve their goals.

En route to Dubai, from 16 to 19 September the Treasurer will visit Israel and the Palestinian Authorities where he will meet with senior government officials to discuss bilateral economic relationships, the peace process and terrorism and security issues more generally. The Treasurer will also address the Israel-Australia Chamber of Commerce.

CANBERRA
11 September 2003
Contact: David Alexander
02 6277 7340

11 Sep 2003

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