Without meaning to be critical of the Minister of Finance, I would point out that he has considerable authority, such as his authority with respect to the European Development Bank, the pan-American banks, the Asian Development Bank, the International Monetary Fund, and the World Bank.
The Minister of Finance has influence to bank all over the world.
Although The Minister of Finance has authority to a lot of financial situations but we don't know about his authority all over the world. The speak person did not say anything about Africa or the Middle east. 
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