Switzerland to attend IMF and World Bank 2019 Spring Meetings in Washington

Press release, 10.04.2019

President Ueli Maurer, Federal Councillor Guy Parmelin and Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, will be in Washington from 12 to 13 April 2019. They will attend the joint Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG).

In the Steering Committee of the International Monetary Fund (IMF), the finance ministers and central bank governors will discuss the economic policy challenges and their implications for the IMF.  

Switzerland supports the IMF's important role in ensuring a stable and open international financial, monetary and trading system. It is willing to support the emerging agreement on the reform of its resources and the voting rights of its members. Switzerland also remains committed to improving the resilience of the economy and implementing growth-enhancing reforms.

The Development Committee of the World Bank will discuss in particular the implementation of the recently agreed capital increase. Switzerland welcomes the efforts of the World Bank Group to promote the possibilities of digitisation for the benefit of developing countries and also supports them financially: Federal Councillor Guy Parmelin, as Swiss Governor at the World Bank in Washington, will in particular support a project which gives the population and companies in Central Asia access to financial services.

In the run-up to the Meetings, there will be a meeting of the G20 finance ministers and central bank governors which President Ueli Maurer and SNB Chairman Thomas Jordan will attend. Topics include the problem of the increasing isolation of financial markets, corporate taxation in the increasingly digital economy and ensuring the quality and sustainability of infrastructure investments.


Address for enquiries:

Peter Minder, Head of FDF Communications
Tel. +41 79 437 73 61, peter.minder@gs-efd.admin.ch

Urs Wiedmer, Head of EAER Communications
Tel. + 41 79 691 95 59, urs.wiedmer@gs-wbf.admin.ch

FDFA information
Tel. +41 58 462 31 53, info@eda.admin.ch


Publisher:

The Federal Council
Federal Department of Finance
Federal Department of Economic Affairs, Education and Research