Friday, October 18 2019 14:38
Alina Hovhannisyan

CBA`s Governor left for Washington D.C. to participate in IMF and WB  annual meeting 

CBA`s Governor left for Washington D.C. to participate in IMF and WB  annual meeting 

ArmInfo.Governer  of the Central Bank of Armenia Artur Javadyan departed for Washington D.C. to take part in the 2019 annual meeting of the Boards of Governors of  the World Bank Group (WBG) and the International Monetary Fund (IMF).

As the press service of  Central Bank of Armenia told ArmInfo, A.  Javadyan will also take part in plenary meetings and a meeting of the  countries of the Netherlands / Belgium subgroup of the IMF and WB.

According to the CB's official message, a number of bilateral  meetings are also planned, in particular with the IMF's newly  appointed Executive Director Kristalina Georgieva, IMF Regional  Director for the Middle East and Central Asia, Jihad Azour, and the  Anthony De Lannoy and Koen Davidse, and WB Deputy Director Cyril  Miller.

According to the source, during the event, working discussions are  planned with the leaders of the European Investment Bank, German  Development Bank KfW, Moody's rating company and several other  international financial institutions.

It should be noted that every fall, the IMF Governing Councils and WB  organizations hold meetings and plenary meetings that discuss a wide  range of issues related to poverty reduction, international economic  development and financial activities. The annual meetings provide a  forum for international cooperation and provide the WB and IMF with  the opportunity to better serve member countries. The meetings are  attended by about 10,000 people, including about 3,500 members of the  delegations of the WB and IMF member states, about 1,000  representatives of the press, and over 5,000 invited, mostly  representatives of the private sector, the banking community and  NGOs. In addition, WB and IMF representatives participate in meetings  with officials who are members of government delegations. The  Netherlands / IMF and WB subgroup includes 15 countries: Armenia,  Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia,  Israel, Luxembourg, Macedonia, Moldova, the Netherlands, Romania,  Ukraine, Montenegro. 

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