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General News of Thursday, 21 October 2004

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Osafo-Maafo's Award: Facts & Fiction


  • A newspaper, Emerging Markets, named Minister Osafo-Maafo as its Best Finance Minister for Africa.
  • Award was based on conversations and nominations from investment bankers and analysts that cover Africa.
  • Emerging Markets is independent of the Breton Woods institutions - IMF and World Bank.
  • Emerging Markets is owned by Euromoney Institutional Investor PLC, but they are a separate product from Euromoney magazine
  • No Award ceremony was held. No prize was given
  • Kwesi Pratt Jnr: He personally attended all official press conferences held by the IMF/World Bank Group during the course of the Annual Meeting, and at no time was there any mention made of any Finance Minister as the best from any part of the world


  • Osafo Maafo's Award: It's A Hoax -Lens
  • .... two Bretton-Woods Institutions had voted Ghana?s Finance Minister, Yaw Osafo-Maafo as the Best African Finance Minister and that the Finance Minister - Daily Graphic
  • ... adjudged Africa's best Finance Minister by the World Bank and IMF -TESCON
  • This was a Breton Woods institutions award -Ministry of Finance
  • ??..received the covetous award of the Best African Finance Minister of the Year at a World Bank/IMF sponsored reception in Washington DC? -Daily Graphic
  • ?? this was announced at an award ceremony organized by EUROMONEY to present the award to? -GNA