Japan’s Katayama named to chair World Bank-IMF committee

Japanese Finance Minister Satsuki Katayama has been chosen to lead the Development Committee, the ministerial forum shared by the World Bank and the International Monetary Fund (IMF), Jiji Press reported on October 12.No Japanese national has held the chair since the committee was set up in 1974, which makes Katayama the first from her country to take the role.