Japan finance minister named as next chair of World Bank-IMF joint development committee

Tokyo: Japanese Finance Minister Satsuki Katayama said on Tuesday that she has been named as the next chair of the World Bank-IMF joint development committee.

Katayama will be the first Japanese finance minister to chair the joint committee since its establishment in 1974, she said at a regular press conference.

She also said she is preparing to travel to Thailand to attend this week's IMF and G20 meetings, pending parliamentary approval.