New Telegraph

IMF, World Bank To Host High Level Retreat

The International Monetary Fund (IMF) and the World Bank Group have announced that they would be hosting a high-level retreat on September 26‒27, 2024 as part of their joint “Bretton Woods at 80 Initiative.”

According to a press release, “this two-day Chatham House Rules event will bring together a small and diverse group of global thinkers—including individuals prominent in the fields of history, international relations, political science, finance, and business—at the location of the 1944 United Nations Monetary and Financial Conference (the ‘Bretton Woods Conference’).

“The three External Advisors to the Bretton Woods at 80 Initiative, Patrick Achi, Sri Mulyani Indrawati, and Mark Malloch-Brown, will help guide the discussions. “Senior management and staff from both the Bank and the Fund will be in attendance, including President Ajay Banga and Managing Director Kristalina Georgieva.”

The statement also said that the purpose of the retreat, “is to facilitate a discussion on the shape of the world economy 20‒30 years from now, how multilateralism may evolve, and how the Bank and Fund can best continue to support stability and progress on a livable planet.”

It added: “This retreat is part of an ongoing series of consultations with IMF and World Bank stakeholders that will continue to be led by the External Advisors at events and engagements over the coming months.

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