The International Monetary Fund (IMF) and World Bank (WB) plan to hold their annual October meetings “in person” in Washington, but probably in a reduced format, the IMF’s managing director said Thursday.

“If the vaccination screenings are taken, it gives us the opportunity to be able to bring our members together,” Kristalina Georgieva said at a press conference.

For now, that’s the “base scenario” and “our project” for October, he explained.

But the IMF leader does not believe that the meetings scheduled for six months from now can have the scale they had before the pandemic, when they convened 10,000 participants.

A year ago, with the spread of the new coronavirus around the world, the IMF and the World Bank were forced to organize their traditional spring meetings in a completely virtual way. That is the case again this week.

“Of course, we depend on the evolution of the pandemic,” he insisted. “If they had told me, on March 13 of last year, that today we would continue working virtually, I would not have believed it,” he said.

“So I can only say that our plan is to have the meetings in person in October,” he said.


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