Participants:

Mr. Abdoulaye Diop, Minister of State, Minister of Economy and Finance, Senegal

Mr. Marcelino Owono Edu, Minister of Economy and Budget, Equatorial Guinea

Mr. Charles P. McPherson, Senior Adviser, The World Bank

Mr. Ondo Mane, IMF Executive Director for Francophone Africa

Mr. Samuel Itam, Assistant Director, African Department, IMF

MR. ONDO MANE: "Thank you. His Excellency, the Minister of State of Senegal, Abdoulaye Diop; His Excellency Marcelino Owono Edu, from Equatorial Guinea, Mr. McPherson, it is a pleasure to me to introduce this serious discussion on Africa. I think we will make it in the future for other countries. A key objective is to express what has been expressed in the communiqué, that Africa has to get more voice and explain their own problem. We will begin with Senegal and Equatorial Guinea to explain their economic development, their goals and one way to strengthen their ownership.

[Continuing in French] Excellency, the Minister of Finance of Equatorial Guinea, the Minister of Finance of Senegal, it is a pleasure for me, as Executive Director representing you, to present you here, introduce you during this press conference. You, yourselves, are going to express the economic and social objectives of your countries, and it's going to be proof of your ownership of the problems we have been implementing..."

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