IMF and World Bank Annual Meetings in Tokyo, 12–14 October 2012

Date

The International Monetary and Financial Committee (IMFC) will meet on 13 October in connection with the annual meetings of the IMF and the World Bank. The Swedish delegation includes Governor Stefan Ingves, Deputy Governor Barbro Wickman-Parak, Finance Minister Anders Borg and Minister for International Development Cooperation Gunilla Carlsson.

The discussions at the IMFC meeting will among other things address the current status of the global economy and measures to reduce unease on the financial markets. The meeting will also focus on governance issues in the IMF, as well as the Fund's surveillance role.

What is the IMFC?

The International Monetary and Financial Committee (IMFC) is the IMF's policy-making body. The Committee meets twice a year, once in the spring and once in the autumn in connection with the IMF's annual meeting, to discuss the global economy and other issues relating to the IMF's activities. The IMFC consists of 24 members that are represented by a central bank governor or a finance minister from each country or constituency in the IMF. Sweden is part of a Nordic-Baltic constituency together with Denmark, Estonia, Finland, Iceland, Latvia, Lithuania and Norway. This year, the Nordic-Baltic constituency is represented in the IMFC by Sweden's finance minister, Anders Borg. The annual meetings of the IMF are usually held in Washington D.C. in the United States, but every third year the meetings are arranged in one of the IMF's and World Bank's member states. This year, Japan is the host country and the annual meetings will therefore be held in Tokyo.

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