Coronavirus: IMF/World Bank Plans to Hold Digital Meeting in Spring

• Coronavirus: IMF/World Bank Plans to Hold Digital Meeting in Spring

The International Monetary Policy (IMF) and the World Bank have announced that the 2020 spring meeting scheduled between the two organisations for April 13 and 19 will now be held digitally.

Kristalina Georgieva, the Managing Director, IMF and David Malpass, President of the World Bank Group made the announcement on Tuesday through a joint statement.

The statement read, “Like everyone else around the world, we have been deeply concerned by the evolving situation of the Coronavirus and the human tragedy surrounding it.

“Given growing health concerns related to the virus, the Management of the IMF and World Bank Group and their Executive Boards have agreed to implement a joint plan to adapt the 2020 IMF-World Bank Spring Meetings to a virtual format.

“Our goal is to serve our membership effectively while ensuring the health and safety of Spring Meetings participants and staff,” they noted in the press statement.

“We remain fully committed to maintaining a productive dialogue with our stakeholders and will leverage our IT-related and virtual connection capabilities to the fullest to hold our essential policy consultations with the membership.

“We will also continue to share IMF and World Bank analyses. With this adapted format, we are confident that our member countries will be able to effectively engage on pressing global economic issues at these Spring Meetings.”