The world bank group s 2019 spring meetings event covered myriad topics ranging from building and nurturing human capital, to climate and disaster resilience strategies, and new innovations in poverty reduction, lifelong learning, and technology. The 2018 annual meetings of the international monetary fund imf and the world bank group will take place in bali nusa dua, indonesia, in october 2018, following a vote by the boards of governors of the two institutions. Imf, world bank weigh fate of spring meetings amid outbreak. The spring meetings of the boards of governors of the international monetary fund imf and the world bank group wbg bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern. Human capital index launched at the 2018 world bank imf annual meetings duration. What will happen to the meetings of the international monetary and financial committee imfc and the development committee dc. The annual meetings of the boards of governors of the the world bank group wbg and the international monetary fund imf bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the. We will be livestreaming several events in english. The 2020 spring meetings of the international monetary fund and the world bank group will move to a virtual format. This years events will take place in nusa dua, bali, indonesia, october 814, 2018. Opening of imf and world bank biannual meetings youtube. The international monetary fund and world bank group on friday advised their washington headquarters staff to work from home after an imf employee was diagnosed with covid19, the disease caused.
In response to the covid19 pandemic, the imf and world bank group will host the 2020 spring meetings using a virtual format. The programs are expected to return to their regular format for the 2020. Imf, world bank plan virtual spring meetings amid virus. The world bank group wbg plays a key role in the global effort to end extreme poverty and boost shared prosperity. The world bank group and the parliamentary network on the world bank and imf are pleased to announce our upcoming virtual parliamentary briefing on pandemics with a special focus on covid19 to engage legislators from across the globe with world bank group senior management and experts on how to take rapid, coordinated action to mitigate the negative. The imf and the world bank have agreed to implement a joint plan to adapt the 2020 imf world bank spring meetings to a virtual format. The imf and world bank meet each autumn in what is officially known as the annual meetings of the international monetary fund and the world bank group and each spring in the spring meetings of the international monetary fund and the world bank group. The international monetary fund and the world bank, citing growing concerns about the fastspreading coronavirus, on tuesday said they will adopt a virtual format for their spring meetings. The 2019 annual meetings of the boards of governors of the world bank group.
Joint statement world bank group and imf call to action on. Imf and world bank group meetings the centre for international governance innovation cigi will be on the ground in washington, dc for the 2019 spring meetings of the world bank group and the international monetary fund imf from october 1519. The annual meetings of the boards of governors of the international monetary fund imf and the world bank group wbg and the bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook. World bank group and the international monetary fund call on all official bilateral creditors to suspend debt payments from ida countries. The annual meetings of the boards of governors of the world bank group wbg and the international monetary fund imf bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world. Learn how the world bank group is helping countries with covid19 coronavirus. Imf and world bank wont hold spring meetings in washington amid coronavirus outbreak virtual meet the annual spring meetings in washington will instead be. Virtual spring meetings of the international monetary fund and the.
Upcoming meetings previous meetings fund home bank home. We anticipate a decision on the scale and scope of spring meetings will be made in the coming days. The next ordinary meeting of the steering committee will take place in washington dc in june 2012, hosted and chaired by the world bank. At the end of the 2019 annual meetings, the development committee noted that the world bank group, in cooperation with the international monetary fund, can. World bank group president david malpass will address the press during the world bank groupinternational monetary fund 2020 virtual spring meetings. We strongly welcome the decision of the g20 to respond to our call to allow the poorest countries of the world that request forbearance to suspend. The annual and spring meetings international monetary fund. Imf, world bank staff to work from home after coronavirus.
Due to the evolving situation of the coronavirus covid19 and growing health concerns, the world bank group and international monetary fund imf have agreed that the 2020 spring meetings will transition to a virtual format. Due to the evolving situation of the coronavirus covid19 and growing health concerns, the world bank group and international monetary fund imf have. Approximately 550 accredited civil society members also participate in the meetings. The international monetary fund and world bank said they would use a virtual format to convene their spring meetings next month, instead of holding the conference in washington, over. World bank, imf urge debt relief for poorer countries hit. Imf managing director kristalina georgieva told group of 20 officials gathered in saudi arabia last weekend the virus led the fund. Joint statement by world bank group president david. During the annual spring meetings, the joint world bank imf development committee and the imfs international monetary. The posts on the imf pfm blog should not be reported as representing the views of the imf.
The international monetary fund and the world bank, citing concerns about the fastspreading coronavirus, on tuesday said they will adopt a virtual format for their spring meetings instead of. The annual meetings of the boards of governors of the international monetary fund imf and the world bank group wbg and the bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world. Each autumn, the boards of governors of the world bank group and international monetary fund imf hold annual meetings to discuss a range of issues related to poverty reduction, international economic development and finance. The annual meetings of the boards of governors of the world bank group wbg and the international monetary fund imf bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty.
Follow thecable for updates from first virtual imfworld. The world bank group and the imf believe it is imperative at this moment to provide a global sense of relief for developing countries as well as a strong signal to financial markets. The imf and the world bank group will proceed with the meetings of the international. At the heart of the annual meetings are the annual meetings plenary session, the joint world bank groupimf development committee, and the imf. The annual meetings of the boards of governors of the world bank group wbg and the international monetary fund imf bring together central bankers. This paper highlights that the annual meetings of the world bank and its affiliates, the international development association ida and the international finance corporation ifc, and of the imf, were held in september 1965 in washington. Singapore 2006 was a group of several concurrent events that were held in singapore in support of the 61st annual meetings of the boards of governors of the international monetary fund and the world bank group. World bank group president jim yong kim and managing director of the international monetary fund christine lagarde speak at the october plenary session of the annual meetings in washington, dc. World bank group and imf call to suspend debt payments for. After the september 11, 2001 attacks on new york and washington, the imf and world bank canceled their annual meetings scheduled for later that month in the u. The meetings and related ancillary events will be held from april 9 14.
Imf, world bank weigh fate of spring meetings amid. The international community would welcome g20 support for this call to action. The imf and the world bank group will proceed with the meetings of the imfc and dc. Annual meetings of the international monetary fund and the world bank group. World bank live brings these meetings straight to you wherever you are in the world. The spring meetings are attended by approximately 2,800 delegates from our member countries, 350 observer organization representatives and 800 members of the press. Washington, dc the world bank group and international monetary fund have issued the following joint statement to the g20 concerning debt relief for the poorest countries. The 2019 spring meetings of the boards of governors of the world bank group and the international monetary fund will be convened in washington, d.
Both committees will conduct their meetings virtually. The annual and spring meetings of the international monetary fund imf and the world bank group each year bring together. The meetings were reconvened in november 2001 in ottawa, canada. G24, commonwealth, brics, the program of events, the civil society policy. The centre for international governance innovation cigi will be on the ground in washington, dc for the 2019 annual meetings of the world bank group and. Annual meetings of the international monetary fund and the. The annual meetings, which generally take place in septemberoctober, have customarily been held in washington for two consecutive years and in another member country in the third year. Joint statement world bank group and imf call to action on debt of ida countries. Imf officials released the world economic outlook as journalists and officials attending the meetings started discussions about issues facing the world economy. Both open and official events will be held online during the week of april 1417.
Amid coronavirus scare, world bank,imf to hold annual spring meetings in virtual format rest of the world news amid the coronavirus outbreak, the world bank group and international monetary fund imf on tuesday announced to hold their annual spring meeting virtually. Coronavirus forces imf, world bank switch to virtual. Amid coronavirus scare, world bank,imf to hold annual. The world bank group spring meetings 2019 world bank group. Gain an indepth overview of the international development communitys latest challenges. Imf and world bank group meeting getting under way imf and world bank officials started gathering in indonesia for their annual meetings this week in nusa dua, bali.
The board of governors of the world bank group wbg and the boards of governors of the international monetary fund imf normally meet once a year to discuss the work of their respective institutions. Imf, world bank switch to virtual spring meetings due to. At the bank group meetings, stress was laid on the urgent needs of the less developed countries and on the group s plans for. Imf and world bank group meetings centre for international. The heads of the world bank and international monetary fund on friday underscored the need to provide debt relief to poorer countries hit by the coronavirus pandemic, and said official bilateral. The world bank group introduced the human capital index during the world bank group imf annual meetings in bali, indonesia, where world leaders, business executives and others exchanged big ideas. The opening ceremony and plenary sessions for the main meetings took place from 1920 september 2006 at the suntec singapore international convention and. The annual meetings provide a forum for international cooperation and enable the bank and fund to better serve their member countries. The annual meetings of the boards of governors of the international monetary fund imf and the world bank group wbg and the bring together central. Due to concerns related to covid19, the world bank group and international monetary fund imf have agreed that the 2020 spring meetings will transition to a virtual format. Follow thecable for updates from first virtual imf world bank spring meetings. The coronavirus outbreak is likely to have severe economic and social consequences for ida countries, home to a quarter. Meetings plenary session on october 18, and the joint world bank groupimf.