IMFC Agreement on substantive Work

Nadia Calviño, Spain’s economy minister and current chair of the IMF’s International Monetary and Financial Committee, said on Thursday there was agreement among members on all elements related to the important work of the institution. At a press briefing after a meeting of the IMFC, Calviño said this extended to the managing director’s Global Policy Agenda, the work of the institution and the critical policies that members will need to take, and close engagement and dialogue among all countries on the substantive work of the institution and these policies. “Unanimity was there on the substantive issues.”

In a Chair’s Statement, the IMFC called for a speedy resolution of the war in Ukraine through diplomatic channels, including political dialogue, negotiations, mediation and other peaceful means, and for greater international cooperation and strengthened multilateralism to prevent fragmentation and safeguard global economic integration.