The Commonwealth Finance Ministers Meeting (CFMM) will take place in the margins of the International Monetary Fund and World Bank Annual Meetings in Washington D.C. It will be chaired by Cyprus, and will focus on the theme ‘Avoiding Debt Crises: The Role of Creditors and Debtors’.
Senior officials and central bank governors will meet before the finance ministers’ plenary on 16 October 2019.
Mr Kyriakos Kakouris, Chairperson for SOM
Mr. Kakouris is an Economic Director at the Ministry of Finance of Cyprus. Since 2016, he has been heading the Directory of Administration and Finance. He is responsible for project financing, procurement issues, financial management and administration issues and the International Financial Organisations. MORE
Professor Annamaria Lusardi, Keynote Speaker at CCBG
Annamaria Lusardi is the Denit Trust Endowed Chair of Economics and Accountancy at the George Washington University School of Business. MORE
Mr Damon Gibbons, Guest Speaker at CCBG
Damon Gibbons is the Director of the Centre for Responsible Credit, a dedicated policy unit focused on credit regulation, over-indebtedness, and financial inclusion issues within Learning and Work Institute in the UK. MORE
Ms Deborah Zandstra, Guest Speaker at CFMM
Deborah Zandstra is a partner at Clifford Chance LLP, where she leads the firm’s sovereign debt restructuring and advisory practice and has been at the heart of many of the policy innovations of the last few years in the sovereign debt space. MORE
Commonwealth finance ministers have recognised the potential of technology to improve debt transparency while urging closer collaboration to resolve tax challenges arising from growing digital commerce. MORE
Ministers will explore policy options and strategies by which debtor countries can work with creditors to prevent the recurrence of debt crises. Debt crises, as witnessed recently in Greece and Argentina, can devastate economic growth, increase poverty and derail global agendas. MORE
Commonwealth Meridian is the new state-of-the-art public debt management system, an essential tool for debt managers and policy makers. Commonwealth business analyst Joanne Allin provides a guide to the software and what it can do. MORE
The blistering pace of innovation in financial services has seen the emergence, in the past two decades of new technologies deployed into the market – and new companies using those technologies – in more than a hundred countries around the globe. MORE
Jane Thomason will make a presentation to Commonwealth Finance Ministers at their meeting in Washington about the potential of blockchain technology to improve debt transparency – saving billions of dollars that can be channelled elsewhere. MORE