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2020 Virtual Spring Meetings

Given growing health concerns related to the COVID-19, 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. We will leverage our IT and virtual connections capabilities to the fullest, complemented by our online platforms (such as the IMF and World Bank Group websites and social media accounts), online media briefing centers, and other means of digital communications.

Learn how the IMF and World Bank Group are coordinating with partners to accelerate the international response and support countries to manage the global pandemic:

• Statement by IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass on the 2020 IMF-World Bank Group Spring Meetings 
• IMF and Covid-19 
• World Bank Group and Covid-19 

Annual Meetings

The Boards of Governors of the International Monetary Fund (IMF) and World Bank Group (WBG) normally meet once a year to discuss the work of their respective institutions. The Annual Meetings, which generally take place in September/October, have customarily been held in Washington for two consecutive years and in another member country in the third year.

The Inaugural Meeting of the Boards of Governors was held in Savannah, Georgia, USA in March 1946. The first Annual Meetings were held in Washington in 1946.

The Annual Meetings include meetings of the Development Committee, the International Monetary and Financial Committee, the Group of Ten, the Group of Twenty-Four, and various other constituencies. At the conclusion of their meetings, the Development Committee and the International Monetary and Financial Committee, as well as several other groups, issue communiqués. The Annual Meetings will include a plenary session, at which Governors take up matters of business. At the Annual Meetings, the Boards of Governors make decisions on how current international monetary issues should be addressed and approve corresponding resolutions. The Annual Meetings are chaired by a Governor of the IMF and the WBG, with the chairmanship rotating among the membership each year. Every two years it elects Executive Directors. Each year any new members are welcomed into the IMF the WBG.

Because the Annual Meetings bring such a large number of member country officials together, they provide opportunities for consultations large and small, formal and informal. Numerous seminars are held in conjunction with the meetings, including seminars conducted by staff members for members of the press. These seminars are designed to foster creative dialogue among the private sector, government delegates, and senior IMF and Bank officials. The Per Jacobsson Lecture on international finance, which is sponsored by a foundation set up in honor of the IMF's third Managing Director, is also given each year in conjunction with the Meetings.