Advertisement

IMF to hold "virtual" meetings in response to coronavirus

The International Monetary Fund (IMF) has announced it is to hold "virtual" meetings as a precaut...
Jack Quann
Jack Quann

20.01 3 Mar 2020


Share this article


IMF to hold "virtual"...

IMF to hold "virtual" meetings in response to coronavirus

Jack Quann
Jack Quann

20.01 3 Mar 2020


Share this article


The International Monetary Fund (IMF) has announced it is to hold "virtual" meetings as a precaution due to the coronavirus.

It is due to hold its spring meetings in Washington, DC with the World Bank for several days in April.

But IMF managing director Kristalina Georgieva says: "Like everyone else around the world, we have been deeply concerned by the evolving situation of the coronavirus and the human tragedy surrounding it.

Advertisement

"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.

"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."

The spring meetings will feature a development committee and the International Monetary and Financial Committee plenary sessions - which discuss progress on the work of the institutions.

The IMF also organises and hosts a number of related meetings of groups of country delegations - such as the G20, G24, Commonwealth and BRICS.

Ireland joined the IMF in August 1957 - although the IMF resident representative office closed in 2014.

In November 2010, the Irish government sought help from the European Union and the IMF to the tune of €64bn following the banking crisis.


Share this article


Read more about

Bailout DC IMF IMF-World Bank Spring Meetings International Monetary Fund Kristalina Georgieva Spring Meetings Virtual Meetings Washington World Bank

Most Popular

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share


Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

Off The Ball

Off The Ball

19:00-22:00

Share

Up next

THE TOM DUNNE SHOW

THE TOM DUNNE SHOW

22:00-00:00

Share

BEST OF NEWSTALK

BEST OF NEWSTALK

00:00-06:00

Share

BREAKFAST BRIEFING

BREAKFAST BRIEFING

06:00-06:30

Share

BREAKFAST BUSINESS

BREAKFAST BUSINESS

06:30-07:00

Share

NEWSTALK BREAKFAST

NEWSTALK BREAKFAST

07:00-09:00

Share

THE PAT KENNY SHOW

THE PAT KENNY SHOW

09:00-12:00

Share

LUNCHTIME LIVE

LUNCHTIME LIVE

12:00-14:00

Share

MONCRIEFF

MONCRIEFF

14:00-16:00

Share

THE HARD SHOULDER

THE HARD SHOULDER

16:00-19:00

Share

OFF THE BALL

OFF THE BALL

19:00-22:00

Share

00:00:00 / 00:00:00

Share on