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In Kürze

Switzerland has been a member of the World Bank and the International Monetary Fund since 1992.

Switzerland sits on the executive boards of both institutions and leads a voting group which includes Azerbaijan, Uzbekistan, Kyrgyzstan, Poland, Serbia-Montenegro, Tajikistan and Turkmenistan.

The World Bank provides loans, technical assistance and institutional advice, while the IMF promotes monetary cooperation, financial stability and crisis prevention.

On behalf of this constituency, Switzerland holds one of the 24 seats in the executive boards of the IMF and World Bank respectively.

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Some 16,000 people are expected to converge in Singapore from September 17-20 for the International Monetary Fund and World Bank annual meetings.
Delegations from 184 IMF and World Bank member countries will formally consider strategies on governance, clean energy, trade, and education.
Traditionally held in Washington two years out of three, the annual meetings this year are being hosted by a country that went from developing to developed in one generation as 250 million people in Asia emerged from poverty in the last decade.

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