2018 was a huge highlight, it is where the International Monetary Fund (IMF) held their Annual Meetings of the Board of Governors and World Bank Group (WBG) in which brought together central bankers, ministers of finance and development, parliamentarians, private sector executives, civil society organizations representatives to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
As for the Annual Meetings of the International Monetary Fund and World Bank Group. In 2018, both IMF & WBG decided to hold the event in Nusa Dua, Bali, Indonesia from the 8th to the 14th October 2018. All of the event like the seminars, regional briefings, press conferences, global economy related events, international development, and the world’s financial system were all put together. While the Host country is responsible for securing venues and providing the logistics.
Every year the World Bank Group holds the International Monetary Fund annually starting in Washington DC and in 3 years the event will be held in different countries in the world. In order to put the annual event together every year, the World Bank Group approaches organizers in each countries researching venues for different events to discuss global economic outlook and development.