Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is leading Nigeria’s delegation to the 2025 International Monetary Fund (IMF) spring meeting taking place in Washington, D.C.
The meeting is scheduled from April 21-26 and will be attended by delegates from 190 countries.
The Nigerian delegation includes chief executive officers of financial institutions, representatives from the private sector, civil society organisations, non-governmental organisations, and other stakeholders.
The meeting aims to promote global macro-economic and financial stability, which aligns with the IMF’s long-standing mission to provide policy advice, monitor member countries’ economies, and offer financial assistance to nations facing balance-of-payments issues.
Discussions will focus on building a more balanced and resilient global economy that can better withstand economic shocks and promote sustainable development.
Read also: Corporate governance critical to achieving $1tn economy, says Edun
IMF’s Gopinath meets Wale Edun as Nigeria pushes for economic reforms, stronger credit ratings
Edun unviels ambitioius economic plan for Nigeria
Specific activities will include analysing the global economy, holding bilateral consultations with member countries, and offering support to those navigating economic challenges.
The agenda will also cover the global economic outlook, global financial stability, and efforts to eradicate poverty.
During the meeting, the IMF is expected to release its world economic outlook and global financial stability report.
The world economic outlook will analyse and project trends in the global economy, while the global financial stability report will assess the financial system and highlight systemic issues.
Additionally, the meetings will address the need for reforms in the global financial architecture to better support developing countries and foster inclusive economic growth, along with initiatives for poverty eradication.
