site.btaStart of Spring Meetings of World Bank and International Monetary Fund

Start of Spring Meetings of World Bank and International Monetary Fund
Start of Spring Meetings of World Bank and International Monetary Fund
IMF Managing Director Kristalina Georgieva (BTA Photo/Hristo Kasabov)

The 2025 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF) start on April 21, in Washington, D.C. The event brings together financial leaders and economists from around the world to discuss global economic trends and challenges.

The IMF has 191 member states, and the regular spring and annual (held in the fall) meetings are attended by the governors of their central banks and finance ministers. The World Bank and IMF spring meetings provide an important platform for discussing global economic issues and finding solutions that contribute to the stability and sustainability of the world economy.

The Bulgarian delegation is to be headed by the Governor of the Bulgarian National Bank, Dimitar Radev.

Ahead of the meetings, IMF Managing Director Kristalina Georgieva expressed concern about the growing trade conflict between the United States and China. Georgieva called for a fairer and rules-based international trading system that would benefit the global economy.

The IMF will release its regular global growth forecasts on April 22, which Georgieva said would be lower than previously expected due to rising trade tensions and instability in the trading system. However, she stressed that a global recession was not expected. Georgieva warned that continued uncertainty could lead to stress in financial markets and highlighted the need for continued economic reforms, flexible monetary policy and global cooperation to mitigate risks.

Other important issues are also expected to be discussed during the meetings, including climate change, digitalization and social sustainability.

Georgieva said that these transformations offer significant opportunities for investment, jobs and growth, but require coordinated global efforts to manage the risks and make use of the advantages they create.

Key events at the meetings include the Development Committee Meeting, the International Monetary and Financial Committee, and events focused on international development, issues of debt, economic recovery, private sector mobilization, the global economy, and financial markets. The theme for the Program of Events is Jobs - The Path to Prosperity.

The 2025 Spring Meetings of the World Bank Group and the International Monetary Fund take place from Monday, April 21 to Saturday, April 26, 2025.

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By 02:56 on 26.04.2025 Today`s news

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