The 2014 Annual Meetings of the Boards of Governors of the IMF and the World Bank Group will be held in Washington, D.C. on October 10–12. The Board of Governors for each institution consists of one governor from each of the institutions’ member countries, typically the finance minister, central bank governor, or minister of development.
India will be represented by Minister of state for Finance Nirmala Sitharaman, finance secretary Arvind Mayaram and RBI Governor Raghuram Rajan. Finance Minister Arun Jaitley will give the event a miss as he is under medical supervision for diabetes management. The Indian side will also take part in the G-20 meeting on the side lines of the summit.
About 13,000 people are expected to attend the Annual Meetings this year.
The Annual Meetings will open with the plenary, which will be held on the morning of October 10 and feature speeches by the Chairman of the Boards of Governors and the heads of the two institutions. This will be followed by the meeting of the International Monetary and Financial Committee (IMFC) and the meeting of the Development Committee on October 11.