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Press releasePublished on 16 April 2025

Switzerland at 2025 IMF and World Bank Group Spring Meetings and G20 Finance Ministers Meeting in Washington

Bern, 16.04.2025 — President Karin Keller-Sutter and Federal Councillor Guy Parmelin will attend the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington from 23 to 25 April 2025. A meeting of G20 finance ministers and central bank governors will also take place during the Spring Meetings. The Swiss delegation, which also includes representatives of the Swiss National Bank, will additionally use the event for bilateral talks.

The Spring Meetings will focus on global economic, financial and development policy challenges. The strategic orientation, funding and governance of the IMF and World Bank Group will also be important topics.

Switzerland considers healthy public finances and open economic exchange with clear rules to be central to lasting prosperity. A resilient monetary and financial system is also of great importance.

In Switzerland's view, the IMF should concentrate on its core tasks and in particular help its poorer member countries to implement stability- and growth-orientated financial, monetary and economic policies. Switzerland supports corresponding work, such as efforts to establish state institutions in emerging market and developing economies. It also advocates moderate IMF financial assistance that is accompanied by reform programmes.

Switzerland welcomes the World Bank Group's endeavours to create productive jobs in developing economies and to promote small and medium-sized enterprises (SMEs). It is in favour of the World Bank working closely with other development players. Switzerland also supports the promotion of dual education systems and the improvement of working conditions, particularly for women.

A meeting of G20 finance ministers and central bank governors will take place in the run-up to the Spring Meetings. Among other things, Switzerland will advocate for the strengthening of global financial stability, also with regard to systemically important banks. It will also call for a level playing field, legal certainty and growth-friendly rules in international taxation.