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World Bank/IMF Annual Meetings - Washington DC., September 2005

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World Bank/IMF Annual Meetings will be held on September 24 and 25, 2005 in Washington DC. The Board of Governors of the International Monetary Fund (Fund) and the Boards of Governors of the World Bank Group (Bank) normally meet once a year to discuss the work of their respective institutions. At the Annual Meetings, the Boards of Governors make decisions on how current international monetary issues should be addressed and approve corresponding resolutions. Civil society organizations are preparing seminars and workshops surrounding the Annual Meetings with special focus on conditionalities, debt, development financing and Millennium Development Goals. (See calendar) Related Choike in-depth reports: World Bank, International Monetary Fund - IMF, Millennium Development Goals - MDGs, Poverty, Financing for Development - Monterrey 2002. Versión en español World Bank and IMF endorse G8 debt deal - But what does it mean? And where does it leave us? As a result of unceasing pressure on the part of civil society campaigners, the World Bank and the IMF have finally endorsed the debt deal presented by the G7 Finance Ministers in June. This ratification, which took place at the WB/IMF Annual Meetings in Washington, brings to an end a long period of uncertainty about the implementation of the proposal. A number of points remain vague within the present agreement, and we must press for these to be clarified. [see more] Notes and comments BIC USA presents a collection of notes produced by NGOs attending the IMF/World Bank Annual Meetings. Please note that these notes are not intended to be exhaustive. They reflect the impressions and interpretations of the notetakers, and very possibly leave out parts of discussions or arguments. [see more] IMF Briefing on Latin America and the Caribbean, by IFIs Latin American Monitor The IMF predicted a promising outlook for the region, although it also warned about the risks arising from the volatility in oil prices and a possible cycle of international market imbalances. The region is better prepared now than it was some years ago to face these challenges, although institutional reforms that would provide the framework to attract more and better investments are still pending. [see more]

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