The International Monetary and Financial Committee (IMFC) is responsible for advising and reporting to the IMF Board of Governors as it manages and shapes the international monetary and financial system. The IMFC also monitors developments in global liquidity and the transfer of resources to developing countries; considers proposals by the Executive Board to amend the Articles of Agreement; deals with unfolding events that may disrupt the global monetary and financial system; and advises on any other matters that may be referred to it by the Board of Governors.

The IMFC meets twice a year during the IMF Spring and Annual Meetings. The Committee discusses matters affecting the global economy and advises the IMF on the direction of its work. At the end of the meetings, the Committee issues a communiqué summarizing its views. These communiqués provide guidance for the IMF’s work program during the half year leading up to the next Spring or Annual Meetings. There is no formal voting at the IMFC, which generally operates by consensus.

IMFC Statements IMFC Documents About the IMFC
Statements

Related to the International Monetary Fund and Financial Committee (IMFC) Meeting, October 24-25, 2024

STATEMENTS GIVEN ON THE OCCASION OF THE INTERNATIONAL MONETARY AND FINANCIAL COMMITTEE (IMFC) MEETING - October 24-25, 2024

Use the free Adobe Acrobat Reader to view these statements

IMFC Statement by Luis Caputo, Minister of Economy, Argentina

(PDF FILE 266KB)

On Behalf Of : Argentina, Bolivia, Chile, Paraguay, Peru, Uruguay

IMFC Statement By The Hon. Jim Chalmers, Treasurer, Australia

(PDF FILE 309KB)

On Behalf Of : Australia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Federated States of Micronesia, Mongolia, Republic of Nauru, New Zealand, Republic of Palau, Papua New Guinea, Samoa, Seychelles, Solomon Islands, Tuvalu, Vanuatu

IMFC Statement by Carlos Cuerpo, Minister of Economy, Trade and Business, Spain

(PDF FILE 296KB)

On Behalf Of : Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Spain

IMFC Statement by Giancarlo Giorgetti, Minister of the Economy and Finance, Italy

(PDF FILE 332KB)

On Behalf Of : Albania, Greece, Italy, Malta, Portugal, Republic of San Marino

IMFC Statement by Fernando Haddad, Minister of Finance, Brazil

(PDF FILE 314KB)

On Behalf Of : Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Democratic Republic of Timor-Leste, Trinidad and Tobago

IMFC Statement by Eelco Heinen, Minister of Finance, the Netherlands

(PDF FILE 255KB)

On Behalf Of : Principality of Andorra, Republic of Armenia, Belgium, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, Luxembourg, Republic of North Macedonia, Republic of Moldova, Montenegro, Kingdom of the Netherlands-The Netherlands, Romania, Ukraine

IMFC Statement by Robert Holzmann, Governor of the Austrian National Bank

(PDF FILE 410KB)

On Behalf Of : Austria, Czech Republic, Hungary, Republic of Kosovo, Republic of Belarus, Republic of Slovenia, Republic of Türkiye, Slovak Republic

IMFC Statement by Gilbert F. Houngbo, Director-General, International Labour Organization

IMFC Statement by Karin Keller-Sutter, Minister of Finance of Switzerland

(PDF FILE 281KB)

On Behalf Of : Republic of Azerbaijan, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Switzerland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan

IMFC Statement by Honorable Lesetja Kganyago, Governor of the South African Reserve Bank

(PDF FILE 240KB)

On Behalf Of : Angola, Botswana, Burundi, The State of Eritrea, Kingdom of Eswatini, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Kingdom of Lesotho, Liberia, Malawi, Republic of Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Republic of South Sudan, Sudan, United Republic of Tanzania, Uganda, Zambia, Zimbabwe

IMFC Statement by His Excellency Mohammed bin Hadi Al Hussaini, Minister of State for Financial Affairs for the United Arab Emirates

(PDF FILE 347KB)

On Behalf Of : Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Maldives, Oman, Qatar, Somalia, United Arab Emirates, Republic of Yemen

On Behalf Of : Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Union of the Comoros, Democratic Republic of the Congo, Republic of Congo, Côte d'Ivoire, Djibouti, Republic of Equatorial Guinea, Gabon, Guinea, Guinea-Bissau, Republic of Madagascar, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Democratic Republic of São Tomé and Príncipe, Senegal, Togo

IMFC Statement by Anton Siluanov, Minister of Finance, Russian Federation

(PDF FILE 283KB)

On Behalf Of : Russian Federation, Syrian Arab Republic

IMFC Statement by Nirmala Sitharaman, Minister of Finance and Corporate Affairs, India

(PDF FILE 286KB)

On Behalf Of : Bangladesh, Bhutan, India, Sri Lanka

IMFC Statement by Sethaput Suthiwartnarueput, Governor, Bank of Thailand

(PDF FILE 250KB)

On Behalf Of : Brunei Darussalam, Cambodia, Republic of Fiji, Indonesia, Lao People's Democratic Republic, Malaysia, Nepal, Philippines, Singapore, Thailand, Tonga, Vietnam

IMFC Statement by Salah Eddine Taleb, Governor of the Bank of Algeria

(PDF FILE 303KB)

On Behalf Of : Algeria, Ghana, Islamic Republic of Iran, Libya, Morocco, Pakistan, Tunisia

IMFC Statement by Trygve Slagsvold Vedum, Finance Minister, Norway

(PDF FILE 360KB)

On Behalf Of : Denmark, Republic of Estonia, Finland, Iceland, Republic of Latvia, Republic of Lithuania, Norway, Sweden