2016 Annual Meetings of the World Bank Group and International Monetary Fund (12-Oct-2016)

PRESS RELEASE

The 2016 Annual Meetings of the Board of Governors of the World Bank Group (WBG) and International Monetary Fund (IMF) was held in Washington, D.C. from 7-9 October 2016. Hon’ble Finance Minister Lyonpo Namgay Dorji, in the capacity of the Board of Governors to the WBG led the RGoB delegation.

The Board of Governors of the WBG and the Board of Governors of the IMF meet once a year to discuss the work of their respective institutions. The Annual Meetings bring together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness. The meeting also features seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world’s financial system.

On the sideline of Annual Meetings, the RGoB delegation also held bilateral meetings with various donor agencies and senior management of the World Bank Group and IMF and discussed issues of mutual interest. Hon’ble Finance Minister also had courtesy meeting with Indian Finance Minister H.E. Mr. Arun Jaitley.

En-route to Bhutan, Hon’ble Finance Minister attended the launch of Foreign Currency Account Facility for Non-resident Bhutanese in New York.

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Lyonpo Namgay Dorji with Indian Finance Minister H.E. Mr. Arun Jaitley on the sidelines of 2016 Annual Meetings of WBG/IMF