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Commonwealth Secretariat press release

Commonwealth Finance Ministers Meeting St Lucia, 24 - 26 September 2001

22 August 2001

Attention: Financial Editors


'Financing for Development' will be the theme when Commonwealth finance ministers gather for their annual meeting in St Lucia from 24-26 September 2001. The Commonwealth Finance Ministers Meeting draws together ministers from countries at all stages of economic development, and takes place a few days before the annual meetings of the IMF and World Bank.

Ministers will focus on three pressing issues:
· the implications of the worsening global economic outlook
· innovative approaches to mobilising finance for development
· enhancing debt relief for heavily indebted poor countries (HIPCs)

Other issues under discussion:
· A new Financing for Development framework fit for the globalised world of today
· Review of IMF/World Bank conditions on loans
· How to avert the risk of global capital markets bypassing most developing countries
· Why debt reduction is going more slowly than anticipated
· The World Bank/Commonwealth Secretariat Joint Task Force on Small States (review of implementation)
· How budget policy can impact unevenly on male and female citizens

Besides helping to shape the developing world agenda before the IMF/World Bank meetings, ministers will also highlight the key issues in advance of the UN Conference on Financing for Development in March 2002. This year, the Commonwealth Finance Ministers Meeting is preceded by a special meeting for ministers from Commonwealth HIPC countries on 24 September.


Note on Media Accreditation

St Lucia will host the annual meeting of Commonwealth Finance Ministers from 24 to 26 September 2001, at

Hyatt Regency St. Lucia
Pigeon Island Causeway
Gros Islet
Rodney Bay
Saint Lucia
Tel: +1 758 451 1234
Fax: +1 758 455 2001
Website http://www.hyatt.com

All journalists wishing to attend the meeting in St Lucia should complete the attached Accreditation Form and return it to the Information and Public Affairs Division, Commonwealth Secretariat, by Friday, 12 September 2001.

For information, please contact:
Roger Joseph
Information and Public Affairs Division 2nd Floor
Commonwealth Secretariat Principal Information Officer, Marlborough House Graham Louisy Admin Building
Pall Mall Waterfront, Castries
London SW1Y 5HX Saint Lucia
Tel: +44 20 7747 6380 Tel: +1 758 459 0655
Fax: +44 20 7839 9081 Fax: +1 758 453 1614
Email: rjoseph@stlucia.gov.lc

Media Facilities and Accreditation

Media representatives wishing to cover the Commonwealth Finance Ministers Meeting must be accredited in order to have access to the facilities. Passes will be issued by the Department of Information in St Lucia and distributed on-site from the Registration Desk between 0900 and 1200 hours on Monday, 24 September. The Registration Desk will be located at the entrance of the Hyatt Regency.

Accreditation is open to all bona fide news organisations. Freelance media represented must be sponsored by a recognised news organisation and attach a letter of assignment to the accreditation form. The attached accreditation form should be completed and sent to the Commonwealth Secretariat by fax on or before Friday 12 September 2001.

Media representatives are required to book and pay for their own hotel accommodation. The official hotel guide is on the St Lucia Tourism Authority website: http://www.stlucia.org. Media arriving in St Lucia are reminded to hold a valid passport. Citizens of Commonwealth countries (excepting Kiribati) do not require a visa.




Last Name: _______________________ First Name: ____________________________

News Organisation:
_________________________________________

Address: __________________________________
__________________________________________
__________________________________________
__________________________________________

Contact or Mailing Address (if different from above):

_________________________________________
_________________________________________
_________________________________________
_________________________________________

Telephone: _________________________ Mobile/cellular:
_________________________

Fax: _______________________________ Email: ________________________________

Category: o Journalist o Photographer o Camera Operator o Technician
o Producer o Other (specify)_________________________________

For Non-residents of St Lucia

Date of Birth: ________________________ Place of Birth: ___________________
Passport Number: ____________________ Country of Birth: _________________
Expected date of arrival in

St Lucia: __________________________________


Signature: ................................Date: .........................

Please fax by Friday, 12 September 2001 to:

Mr Joel Kibazo
Director
Information and Public Affairs Division
Commonwealth Secretariat

Tel: +44 20 7747 6380
Fax: +44 20 7839 9081


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ISSUED BY THE COMMUNICATIONS AND PUBLIC AFFAIRS DIVISION
Commonwealth Secretariat Marlborough House Pall Mall London SW1Y 5HX United Kingdom
Tel: +44 (0)20 7747 6385/6 Fax: +44 (0)20 7839 9081
Email: info@commonwealth.int