Central Bank Governor Larry Howai is in Washington, DC to lead the T&T delegation in attendance at the 2025 Annual Meetings of the World Bank Group and the International Monetary Fund and the Annual Meeting of the Inter-Governmental Group of Twenty Four on International Monetary Affairs and Development (G-24) taking place from Monday, October 13th to Saturday, October 18th, 2025.
The delegation also includes Mr. Delvin Cox, Advisor to Executive Director, World Bank Group; Ms. Kimberly Roberts, Trinidad and Tobago’s IMF representative; and Ms. Zarah Mohammed, Manager, Debt Management, and Ms. Stephanie Toolsie, Assistant Manager, Debt Management – both of the Ministry of Finance.
In his statement to the Ministers and Governors Meeting of the Intergovernmental Group of Twenty-Four (G-24) on October 14th, Governor Howai called for called for “concerted international action to roll back tariff and non-tariff barriers that distort trade and disproportionately affect developing economies.” He added that, “Restoring confidence in a fair and transparent multilateral trading system is essential to revitalising global demand, encouraging investment, and supporting diversification in all regions.”
The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24) coordinates the position of developing countries on monetary and development issues in the deliberations and decisions of the Bretton Woods Institutions (BWI). In particular, the G-24 focuses on issues on the agendas of the International Monetary and Financial Committee (IMFC) and the Development Committee (DC) as well as in other relevant international fora.
The full communique from today’s meeting is available at: https://www.imf.org/en/News/Articles/2025/10/14/cm101425-intergovernmental-group-of-twenty-four-on-international-monetary-affairs-and-development
