The Finance Ministers of the Americas and the Caribbean have agreed to hold an annual dialogue to discuss selected strategic development issues that are common to the region and have the potential to promote economic integration and cooperation. The meetings of regional finance ministers are also known by the acronym RFM.
The Eighth Meeting of Finance Ministers of the Americas and the Caribbean was chaired by Mr. Santiago Peña Palacios, Minister of Finance of Paraguay, and took place on October 5, 2016 in Washington DC.
The Inter-American Development Bank (IDB), through the Integration and Trade Sector (INT), acts as the Technical Secretariat of the RFM process, and provides technical and logistical support, in coordination with the country holding the chair and organizing the annual meeting.
The Minister of Finance of Paraguay Mr. Santiago Peña Palacios chaired the 8th Meeting of Finance Ministers of the Americas and the Caribbean
The Meeting was held in Washington DC on October 5, 2016
The Meeting discussed global issues in growth and the importance of regional integration in the current economic slowdown