Finance Minister leads delegation to Chile
KINGSTON, Jamaica – Finance and Planning Minister, Dr Peter Phillips left the island on Saturday for Santiago de Chile, to attend FOROMIC Chile 2015, where he and other members of the Jamaican delegation will participate in the handing over ceremony for FOROMIC Jamaica 2016, scheduled for Montego Bay, Jamaica.
In April 2014, the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank Group, designated Jamaica as the host of FOROMIC 2016.
A press release from the ministry today said that Phillips and key members of the Jamaican delegation are scheduled to meet with the general manager designate of the Multilateral Investment Fund (MIF), Brigit Helms.
The Inter-American Microenterprise Forum (FOROMIC) is one of the most important marketplaces and conferences focusing on micro, small, and medium enterprise financing and development in Latin America and the Caribbean. The forum brings together delegations from financial and microfinance institutions, associations of micro entrepreneurs, government agencies, Non-governmental Organizations (NGOs), international organisations, academia, among others that are able to showcase innovative efforts towards financial inclusion.
FOROMIC provides an essential meeting place for networking and business deals between private sector investors and microfinance institutions, which make the conference one of their primary business events of the calendar year.
The release said the event will increase Jamaica’s visibility on the international finance stage while providing local businesses the opportunity to interact with international financiers as well as possible international business partners.
Phillips is accompanied by the Governor of the Bank of Jamaica, Brian Wynter; the President of the Development Bank of Jamaica (DBJ), Milverton Reynolds; the Financial Secretary, Devon Rowe; the Technical Advisor to the Minister, Helen McIntosh; and Head, IMF Coordination and Implementation Unit, Judith Green.
The team is expected to return to Jamaica on Thursday.
