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FS to attend G20 Finance Ministers and Central Bank Governors Meeting

     The Financial Secretary, Mr John C Tsang, will leave for London tonight (March 12) to attend the G20 Finance Ministers and Central Bank Governors Meeting.

     Mr Tsang will be accompanied by the Deputy Chief Executive of the Hong Kong Monetary Authority, Mr Peter Pang. They will attend the G20 meeting as part of the Chinese delegation.

     Finance ministers and central bank governors will discuss, among other things, progress achieved on the Action Plan agreed at the G20 Leaders Summit in Washington DC last November.

     The meeting will also make preparations for the G20 Leaders Summit to be held in London on April 1 and 2.

     Mr Tsang said participation in the meeting would enable Hong Kong to obtain firsthand information on the latest developments in the world economy and international efforts to tackle the global financial crisis and stimulate growth.

Mr Tsang will return to Hong Kong on March 15. During his absence, the Secretary for Development, Mrs Carrie Lam, will act as Financial Secretary.

Ends/Thursday, March 12, 2009
Issued at HKT 16:15


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