2005 Annual Meetings Logo 2005 Annual Meetings    Boards of Governors
World Bank Group 
International Monetary Fund

SEPTEMBER 24-25, 2005     WASHINGTON, D.C. 
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About the Annual Meetings
The Board of Governors of the International Monetary Fund (Fund) and the Boards of Governors of the World Bank Group (Bank) normally meet once a year to discuss the work of their respective institutions. The Annual Meetings, which generally take place in September-October, have customarily been held in Washington for two consecutive years and in another member country in the third year.

The Inaugural Meeting of the Boards of Governors was held in Savannah, Georgia, USA in March 1946. The first Annual Meetings were held in Washington in 1946.

In recent years, the Annual Meetings have been preceded by meetings of the International Monetary and Financial Committee, the Development Committee, the Group of Ten, the Group of Twenty-Four, and various other groups of members. At the conclusion of their meetings, the International Monetary and Financial Committee and the Development Committee, as well as several other groups, issue communiqués. The Annual Meetings include 2 days of plenary sessions, during which Governors take up matters of business, consult with one another, and address the assembled delegates to present their countries' views on current issues in international economics and finance. At the Annual Meetings, the Boards of Governors make decisions on how current international monetary issues should be addressed and approve corresponding resolutions. The Annual Meetings are chaired by a Governor of the Bank and the Fund, with the chairmanship rotating among the membership each year. Every two years it elects Executive Directors. Each year any new members are welcomed into the Bank and Fund.

Because the Annual Meetings bring such a large number of member country officials together, they provide opportunities for consultations large and small, formal and informal. Numerous seminars are held in conjunction with the meetings, including seminars conducted by staff members for members of the press. The Annual Meetings Program of Seminars is designed to foster creative dialogue among the private sector, government delegates and senior Bank and Fund officials. The Per Jacobsson Lecture on international finance, which is sponsored by a foundation set up in honor of the Fund's third Managing Director, is also given each year in conjunction with the Meetings.

Annual Meetings Outside the United States: 1947 – 2006 
Year   Location
1947   London
1950   Paris
1952   Mexico City
1955   Istanbul
1958   New Delhi
1961   Vienna
1964   Tokyo
1967   Rio de Janeiro
1970   Copenhagen
1973   Nairobi
1976   Manila
1979   Belgrade
1982   Toronto
1985   Seoul
1988   Berlin
1991   Bangkok
1994   Madrid
1997   Hong Kong
2000   Prague
2003   Dubai
2006   Singapore

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