Sunday, August 9, 2020
News

Annual IMF, World Bank meetings to be held virtually

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Washington | Friday, 2020 6:45:06 PM IST
The 2020 annual meetings of the International Monetary Fund (IMF) and the World Bank Group will likely be held in a primarily virtual format due to the ongoing COVID-19 pandemic, the leaders of the two institutions announced.

In a joint statement on Thursday, IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass said they are recommending the annual meetings, scheduled for October 12-18, be held in a "primarily virtual format", given the ongoing global health crisis, reports Xinhua news agency.

"While we are preparing for a virtual scenario, we remain flexible with the format of the meetings in light of developments and will work, in consultation with our Executive Boards, to accommodate the needs of our membership," the statement read.

The annual meetings usually bring thousands of government officials, business people, journalists and other representatives from across the globe to the two institutions' headquarters in downtown Washington D.C.

"Our goal is to serve our membership effectively while ensuring the health and safety of Annual Meetings' participants, staff, and the local community in the Washington D.C. area," the statement added.

In April, the two multilateral institutions already held the 2020 IMF-World Bank Spring Meetings in a virtual format.

--IANS ksk/

( 214 Words)

2020-07-10-12:46:10 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
Death toll in port of Beirut blast rises...
Vietnam confirms 21 new COVID-19 cases, ...
Former Malaysian PM says his contentious...
Fresh opportunity for India, Sri Lanka t...
Global COVID-19 tally surpasses 19 milli...
Number of those injured in Beirut clashe...
More...
 
INDIA WORLD ASIA
Pending India-Bangladesh issues will be ...
Inspired reading in the lead-up to Indep...
Palghar lynching: Maha CID submits first...
Raising issue of unemployment, IYC to st...
Probe by Mumbai, Bihar police into Susha...
LeT terror module busted in J&K, six arr...
More...    
 
 Top Stories
Eng v Pak 1st Test: Woakes, Buttler... 
Krishna river in rain-hit Karnataka... 
Karnataka's COVID-19 death toll bre... 
Bihar cop's quarantine not to stall... 
Sanjay Dutt hospitalised, tweets to... 
Telangana govt will allow Ganesh fe... 
India's COVID-19 recovery rate stan... 
Number of those injured in Beirut c...