Communiqué of the Sixteenth Meeting of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), April 28, 1978, México City, México

The Ministers of the Group of Twenty-Four on International Monetary Affairs held their sixteenth meeting in Mexico City on April 28, 1978. Mr. K, Gyasi-Twum, Ghana, opened the meeting on behalf of Mr. R. K. A. Gardiner, Commissioner for Economic Planning, Ghana, the outgoing Chairman. Mr. S. Osman Ali, Governor of the State Bank of Pakistan, then took the chair, with Mr. David Ibarra-Muftoz, Secretary of Finance and Public Credit, México, and Mr. O. O. Vincent, Governor of the Central Bank of Nigeria, as Vice-Chairmen. The meeting was attended by Mr. G. D. Arsenis, UNCTAD, Mr. E. Stern, Vice-President, World Bank, Mr. Cesar Virata, Chairman, Joint Ministerial Committee of the Board of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries, and Mr. H. Johannes Witteveen, Managing Director, International Monetary Fund.