Burkina Faso Hosts 2006 ADB Group Annual Meetings

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Burkina Faso Hosts 2006 ADB Group Annual Meetings

Tunis, 19 April 2006 – About 1,300 participants including Finance Ministers of the Bank Group’s 77 member countries, key economic actors in the public and private sectors, civil society groups and the media will participate in the ADB Annual Meetings to be held on 17 and 18 May 2006 in Ouagadougou, Burkina Faso.

The  Annual Meetings will offer opportunity to participants to reflect on key African development issues such as: Regional integration, Capital Markets, Investments, Infrastructures development, The Impact of Rising Oil Prices on African Economies, African Trade Prospects, Preventing and Combating Fraud and Corruption and Development Effectiveness.

The 39th UN Economic Commission for Africa (UNECA) Conference of African Ministers of Finance, Planning and Economic Development will be held back-to-back with the Bank Group’s Annual Meetings in the capital of Burkina Faso.

The two meetings will be bridged by a joint ADB/ECA high-level ministerial Conference on the theme ‘Infrastructure Development and Regional Integration: Issues, Opportunities and Challenges’.

The Annual Meetings will be preceded by the Bank Group’s financial presentation and the joint release of the 2006 ‘African Economic Outlook’ published by (OECD/ADB).

The ADB was established in 1964 to mobilise resources to finance the economic development and social progress of African countries.  Its share holders comprise 53 African countries and 24 non-African countries.

Information on the Annual meetings can be obtained in the Bank Group’s website: www.afdb.org

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