Kuwait joins global leaders at IMF, World Bank sessions in Washington

• The plenary session of the annual meetings of international financial institutions for the Board of Governors of the World Bank Group and the IMF discussed enhancing capacities and creating job opportunities for shared prosperity, with participation from global leaders representing 191 countries.

Engineer Noora Al-Fassam, Minister of Finance, Minister of State for Economic Affairs and Investment, and Acting Minister of Oil, led Kuwait’s delegation at the plenary session of the annual meetings of international financial institutions for the Board of Governors of the World Bank Group and the International Monetary Fund (IMF) held in Washington, according to Al Rai newspaper.

The plenary session addressed issues of common global concern, including global economic prospects, economic stability, and growth, with a focus on joint action to tackle global challenges such as climate change, debt sustainability, and poverty reduction. The session also discussed enhancing capacities and creating job opportunities for shared prosperity, with participation from global leaders representing 191 countries.

The meeting was attended by the Governor of the Central Bank of Kuwait, Bassel Al-Haroun, and the Acting Director General of the Kuwait Fund for Economic and Arab Development, Waleed Al-Bahar.

The annual meetings of the World Bank Group’s Board of Governors and the International Monetary Fund will take place from October 21 to 26, with participation from finance and development ministers, central bank governors, and senior executives from the private sector.