Economic Commentaries: Future role of the IMF in focus at the 2009 Annual Meeting in Istanbul

Date 02/10/2009

When the finance ministers and central bank governors of the world meet at the International Monetary Fund’s (IMF) 2009 Annual Meeting in Istanbul on 3-4 October, one important subject for discussion is how the Fund can strengthen its role as guardian of the global financial markets. Demands have come not least from the G20 countries for the IMF to change the focus of its activities from crisis management to crisis prevention. But to do this effectively the Fund must add new tools to its toolbox.