The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring in the Spring Meetings of the International Monetary Fund and the World Bank Group. Names of the two groups are alternated each year so a different one has top billing.
The autumn meetings are customarily held in Washington, D.C., United States for two consecutive years, and in another member country in the third year. On the weekend of the autumn meetings the G7 also meets. The 2006 Annual Meetings and their supporting events were held from 11–20 September 2006 at the Suntec Singapore International Convention and Exhibition Centre in Singapore.
Since the mid-1990s, these meetings have centerpoints for anti-globalization movement protests. There have been complete bans on outdoor protests in the 2003 meetings in Dubai, United Arab Emirates as well as the 2006 meeting in Singapore, where only indoor demonstrations within a designated area is permitted. Some argue that such bans are out of safety concerns, while others consider them an effort to curb dissent. These measures has led to retaliatory actions by NGOs who targeted the organisers, as well as the IMF and World Bank for allegedly picking venues which are known to impose such restrictions.
Read more about Annual Meetings Of The International Monetary Fund And The World Bank Group: List of Annual Meetings
Famous quotes containing the words annual, meetings, monetary, fund, world, bank and/or group:
“Every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the publick interest, nor knows how much he is promoting it.... He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.”
—Adam Smith (1723–1790)
“I love meetings with suits. I live for meetings with suits. I love them because I know they had a really boring week and I walk in there with my orange velvet leggings and drop popcorn in my cleavage and then fish it out and eat it. I like that. I know I’m entertaining them and I know that they know. Obviously, the best meetings are with suits that are intelligent, because then things are operating on a whole other level.”
—Madonna [Madonna Louise Ciccione] (b. 1959)
“There is no legislation—I care not what it is—tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.”
—William Howard Taft (1857–1930)
“I am advised that there is an unexpended balance of about $45,000 of the fund appropriated for the relief of the sufferers by flood upon the Mississippi River and its tributaries, and I recommend that authority be given to use this fund to meet the most urgent necessities of the poorer people in Oklahoma.”
—Benjamin Harrison (1833–1901)
“The love between man and woman is the greatest and most complete passion the world will ever see, because it is dual, because it is of two opposing kinds.”
—D.H. (David Herbert)
“... an adamantine island chained to the shifting bank of the Channel.”
—Christina Stead (1902–1983)
“Remember that the peer group is important to young adolescents, and there’s nothing wrong with that. Parents are often just as important, however. Don’t give up on the idea that you can make a difference.”
—The Lions Clubs International and the Quest Nation. The Surprising Years, I, ch.5 (1985)