Minister of Finance Trevor Manuel has been appointed to serve on the World Bank’s new Commission on Growth and Development, his ministry said on Wednesday.
”This Commission will highlight fundamental aspects of economic growth for the attainment of development objectives and identify forward-looking growth policies.”
Manuel will join policy makers, academics and business on the commission, chaired by 2001 Nobel laureate Mike Spence.
The commission is expected to influence thinking on growth strategies and national development policies for the World Bank.
In September it will release a report at a World Bank-International Monetary Fund annual meeting in Singapore, at which there will be further input before it is finalised next year.
Manuel would accept an Honorary Doctor of Law degree from Rhodes University on Friday, the ministry added. — Sapa