Egypt to host African finance ministers meeting on Friday

The Red Sea resort city of Sharm el Sheikh will host
on Friday a meeting of the committee of 15 African finance ministers (F 15) as
part Egypt’s chairmanship of the African Union (AU).
The Ministry of Finance said in a statement on
Wednesday that the meeting is set to discuss the latest developments on budget
and financial reforms of the AU and review implementation of financing-related
decisions and the contributions of the member states.
The committee meeting, held at the level of finance
ministers in cooperation with the AU Commission, is set also to discuss ways to
curb dependence on international partners with the aim of achieving financial
independence.
Sharm el Sheikh on Tuesday hosted the preparatory
meetings of the F 15 talks.
Minister of Finance Mohamed Maait then expressed
keenness on achieving the goals of the committee which had been established
during the summit meetings of AU.