The Director of the International Economic Relations Department at the Federal Ministry of Finance holds a senior executive position responsible for overseeing and managing the country’s international financial relationships and policies. This portfolio involves:
Key Responsibilities:
- International Policy Coordination:
- Develops and implements strategies related to international finance, trade agreements, and economic diplomacy.
- Represents the ministry in international economic forums (e.g., World Bank, IMF, G20) and coordinates with foreign financial institutions and governments.
- Bilateral and Multilateral Relations:
- Negotiates financial agreements, loans, and aid programs with foreign countries and international organizations.
- Manages the country’s external economic policies, ensuring they align with national financial goals and priorities.
- Economic Analysis and Reporting:
- Provides economic forecasts and analysis related to international markets and their potential impact on national finances.
- Prepares reports and briefs for senior government officials on global economic trends and risks.
- Advisory Role:
- Advises the Minister of Finance on matters of international economic policy, including foreign investments, trade policies, and debt management.
- Acts as a key liaison between the ministry and international financial stakeholders.