BAKU, Azerbaijan, April 10. The World Bank
Group and the International Monetary Fund (IMF) will hold their
2029 Annual Meetings in Abu Dhabi, United Arab Emirates, following
a decision approved by the Boards of Governors of both
institutions, Trend reports via the World Bank.


This will mark the second time the UAE hosts the Annual
Meetings, after Dubai welcomed the event in 2003.


The Annual Meetings bring together central bank governors,
finance and development ministers, private sector representatives,
and stakeholders from civil society, media, and academia to address
key global challenges, including economic and financial stability,
job creation, and poverty reduction.







Typically, the meetings are held for two consecutive years at
the institutions’ headquarters in Washington, D.C., and every third
year in a member country. The 2026 Annual Meetings are scheduled to
take place in Bangkok, Thailand, in October, where an official
signing ceremony confirming the UAE as host of the 2029 meetings is
expected.


Both institutions said they look forward to Abu Dhabi hosting
the event in the spirit of international cooperation and dialogue
that underpins their work. They also noted that the upcoming Spring
Meetings in Washington, D.C. will focus on the global economic
outlook, job creation, and support for countries affected by the
impact of the Middle East conflict.