The International Monetary and Financial Committee (IMFC) convened its fifty-second meeting in Washington, D.C. on October 17, 2025. The session was chaired by Mohammed Aljadaan, Minister of Finance of Saudi Arabia. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), also attended.
In a statement released after the meeting, IMFC members acknowledged ongoing changes in the global economy and heightened uncertainty. "The global economy is undergoing a profound transformation and facing elevated uncertainty, bringing challenges, but also opportunities. Growth has been resilient, but strains are emerging. We will adopt sound policies that foster confidence, build resilience, and safeguard macroeconomic and financial stability. We will continue to cooperate to address global challenges," read the statement.
Participants noted the economic impact of ongoing wars and conflicts worldwide. "Ongoing wars and conflicts continue to impose a heavy humanitarian toll, with large economic costs and significant negative spillovers.Ending wars and conflicts and securing lasting peace around the world remains essential for sustainable growth and long-term stability," according to the official statement.
Representatives from member countries included finance ministers and central bank governors from Saudi Arabia, Mexico, United States, Argentina, Canada, Nigeria, Italy, Brazil, The Netherlands, Japan, Switzerland, South Africa, Germany, Republic of Korea, France, Denmark, China, United Kingdom, Russian Federation, India, Türkiye, Algeria and Indonesia.
Observers at the meeting were officials from international organizations such as the Bank for International Settlements (BIS), European Central Bank (ECB), European Commission (EC), Financial Stability Board (FSB), International Labour Organization (ILO), Organisation for Economic Co-operation and Development (OECD), Organization of the Petroleum Exporting Countries (OPEC), United Nations (UN), United Nations Conference on Trade and Development (UNCTAD), World Bank Group (WB) and World Trade Organization (WTO).
The IMFC reiterated its commitment to international cooperation in order to address current global challenges.