Lima is to host the 2015 meetings of the boards of governors of the World Bank and International Monetary Fund.
The announcement was made this morning by Premier Rene Cornejo, accompanied by World Bank secretary Mahmoud Mohieldin and IMF secretary Jianhai Lin, as well as Finance minister Luis Miguel Castilla and Central Bank president Julio Velarde.
The boards of governors of both financial institutions hold their Governors’ meetings every October in Washington and every three years in a different city. The 2012 meetings were held in Tokyo.
Lima will be the third Latin American city to host the meetings, following Mexico in 1952 and Rio de Janeiro in 1967.
Some 10,000 participants are expected at this event, which brings together central bankers, ministers of finance and development, private sector executives and academics to discuss global issues, including the world economic outlook, poverty eradication, economic development, and the effectiveness of aid. Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world’s financial system.