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Iran’s CBI chief takes part in IMF meeting

Business Materials 8 October 2015 17:18 (UTC +04:00)
Head of the Central Bank of Iran (CBI) left Tehran for the Peruvian capital city of Lima to attend the annual meetings of the World Bank Group and the International Monetary Fund, the CBI said Oct. 8
Iran’s CBI chief takes part in IMF meeting

Baku, Azerbaijan, Oct. 8

By Umid Niayesh - Trend:

Head of the Central Bank of Iran (CBI) left Tehran for the Peruvian capital city of Lima to attend the annual meetings of the World Bank Group and the International Monetary Fund, the CBI said Oct. 8.

He is scheduled to meet with Christine Lagarde, the managing director of the International Monetary Fund (IMF) as well as several economic and financial officials from different countries during his stay in Lima.

The inaugural ceremony of the annual meetings of the World Bank Group and the IMF will take place on Oct. 9.

Seif also will participate in the meetings of the Group 24 countries of the IMF. The Group 24, which is officially called the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, is not an organ of the International Monetary Fund, but the IMF provides secretariat services for the Group.

Its meetings usually take place twice a year, prior to the International Monetary and Financial Committee and Development Committee meetings, to enable developing country members to discuss agenda items beforehand.

Algeria, Côte d'Ivoire, Egypt, Ethiopia, Gabon, Ghana, Nigeria, South Africa, the Democratic Republic of Congo, Argentina, Brazil, Colombia, Guatemala, Mexico, Peru, Trinidad and Tobago, Venezuela, India, Iran, Lebanon, Pakistan, Philippines, Sri Lanka and Syria are the group members.

Edited by CN

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