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Bangladesh elected chair of C’wealth Finance Ministers Meeting 2022

BI Report || BusinessInsider

Published: 01:38, 14 October 2021  
Bangladesh elected chair of C’wealth Finance Ministers Meeting 2022

Photo: Collected

Bangladesh Finance Minister AHM Mustafa Kamal has been elected as the chairperson of Commonwealth Finance Ministers Meeting (CFMM) 2022.

He has been given such prestigious honour following a formal proposal mooted by Malaysia and supported by Brunei in this CFMM, reports BSS.

A virtual meeting of the Commonwealth finance ministers was held on Tuesday evening on the sidelines of the World Bank-IMF Annual Meetings 2021.

Finance ministers of the 54 Commonwealth countries alongside high-level officials attended the meeting through a virtual platform. Mustafa Kamal led the Bangladesh delegation at the meeting.

After being elected as the new chairperson of CFMM for 2022, the finance minister thanked the authorities concerned on beheld of the people of Bangladesh, said a finance ministry press release on Wednesday.

The release said that the finance minister apprised the meeting that Bangladesh has been attaining an unprecedented growth of 7.4 percent on average for the last one decade.

He mentioned that Prime Minister Sheikh Hasina has received the SDG progress award last month during her participation at the 76th United Nations General Assembly (UNGA).

Presided over by Prime Minister of Antigua Gaston Browne, Commonwealth Secretariat Secretary General Patricia Scotland spoke on the occasion.

The speakers at the meeting highlighted providing loan for sustainable and economic recovery, providing loan for tackling climate change impacts, Commonwealth climate finance access hub and other issues.

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