The Minister of Finance, Luis Caputo, will be arriving this Tuesday to New York City, where he will be holding meetings with investors and representatives of different banks. During the afternoon, Caputo will travel to Washington D.C. to participate in high level meetings with executives of the Inter-American Development Bank (IDB) and the World Bank (WB), where he will address policy options regarding financial inclusion and regional business integration. The team of the Ministry of Finance consists of: the Chief of Cabinet of the Ministry of Finance, Pablo Quirno; the Secretary of Finance, Santiago Bausili; and the Undersecretary of International Financial Relations, Martin Soto.

On Wednesday afternoon, Caputo will preside, in his role of Governor before the IDB, the Ninth Meeting of Finance Ministers of the Americas and the Caribbean of the organization, attended by more than thirty countries. Later, he will give a press conference together with the President of the IDB, Luis Alberto Moreno.

In addition, Minister Caputo will meet, as Governor before the World Bank, with the President of the Institution, Jim Yong Kim. He will also hold a meeting with Jorge Familiar, Vice President of the World Bank for Latin America and the Caribbean.

Caputo and the Finance team will hold bilateral meetings with the Minister of Economy of Brazil, Henrique Meirelles; the Minister of Treasury of Chile, Nicolas Eyzaguirre; and the Minister of Economy and Finance of Peru, Claudia Cooper. They will be also meeting with representatives of international banks and investment funds.

Likewise, Mr. Minister will participate in the “Human Capital Summit: Committing to Action to Drive Economic Growth”, organized by the World Bank. Within this framework, representatives from different countries will work on measures to promote human capital in order to drive economic growth.

Finally, the Minister of Finance will meet with the President of the Development Bank of Latin America (CAF), Luis Carranza Ugarte, and they will address the possibility of granting loans to increase infrastructure investment.

During his first day in Berlin, the Minister of Finance, Luis Caputo, is having a meeting this afternoon with Marl Carney, Chairman of the FSB and Governor of the Bank of England. Later, the Minister of Finance will have dinner together with the representatives of the different countries before the Board which controls the stability of the financial system within the context of the G20.

Tomorrow, the Minister of Finance will hold a meeting to address FSB Governance issues and the renewal of the membership of the Regional Consultative Groups. Within the context of this meeting, the Chair of the FSB Nominations Committee, Jens Weidmann, will report on the process to identify a new Secretary General.

In addition, Caputo will attend the Standing Committee on Assessment of Vulnerabilities (SCAV) and the Early Warning Exercise (EWE) to discuss vulnerabilities affecting the global financial system and supervisory practices in G20 jurisdictions in the area of cybersecurity.

Friday morning, Caputo will describe before the FSB the planned priority themes under the finance track of the Argentine G20 Presidency. In addition, work on monitoring of risks from FinTech, policies regarding asset management and the progress level on the reforms of the international financial system will be addressed.

The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. The FSB promotes international financial stability; it does so by coordinating national financial authorities and international standard-setting bodies as they work toward developing strong regulatory, supervisory and other financial sector policies. Embedded in the FSB’s structure is a framework for the identification of systemic risk in the financial sector, for framing the policy sector policy actions that can address these risks, and for overseeing implementation of those responses.