The World Bank and IMF will hold their 2029 annual meetings in Abu Dhabi

The 2029 Annual Meeting of the World Bank Group and the International Monetary Fund (IMF) will take place in Abu Dhabi, United Arab Emirates (UAE), in October 2029.

This is what the press center of the International Monetary Fund stated on Friday.

According to the statement, the decision was made by vote of the boards of directors of the two institutions.

The statement said the last time the annual meetings were held in the UAE was in 2003, in Dubai.

The annual meetings bring together central bankers, finance and development ministers and private sector leaders.

The event will also host a wide range of stakeholders from civil society, media and academia to discuss the most pressing issues facing the global economy.

The statement said the issues include global economic and financial stability, job creation and poverty eradication.

The annual meetings are usually held for two consecutive years at the headquarters of the World Bank Group/IMF in Washington, DC and every three years in one of the institutions’ member countries.

It said the 2026 annual meetings will take place in Bangkok, Thailand, in October, at which time there will be an official signing ceremony for the UAE to host the 2029 meetings.

“The World Bank Group and the International Monetary Fund look forward to Abu Dhabi hosting the 2029 Annual Meetings in the spirit of international cooperation and dialogue that underpins the work of both institutions.

“We look forward to welcoming the UAE and the rest of our members next week for our spring meetings in Washington, DC.

“During the meetings we will discuss the global economy, job creation and support for countries affected by the consequences of the war in the Middle East.”