(L-R) Jeroen Clicq, IMF Executive Director; Gilles Roth, Luxembourg's Minister of Finance; Marnix Van Rij, IMF Deputy Executive Director;
Credit: MFIN
On Thursday 16 and Friday 17 October 2025, Luxembourg’s Minister of Finance, Gilles Roth, took part in the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington DC.
According to Luxembourg’s Ministry of Finance, in a global context marked by increasing uncertainty, finance ministers, central bank governors and heads of international institutions exchanged views on the structural challenges facing the world economy. Discussions focused on demographic shifts, trade tensions, technological transformations, particularly those linked to artificial intelligence, as well as climate and geopolitical issues. The resilience of the private sector, the need for structural reforms, the sustainability of public debt and strategies for inclusive and sustainable growth were also central to the debates.
In addition to the meetings, Minister Roth held bilateral talks with Oman’s Minister of Finance, Sultan bin Salem Al Habsi, New Zealand’s Minister of Finance, Nicola Willis, and Nigeria’s Minister of State for Finance, Dr Doris Uzoka-Anite.
“These annual meetings provided an opportunity to engage with ministers from several continents. These discussions were both enriching and encouraging, a reminder that dialogue beyond borders is essential for common progress,” said the minister, adding that “Luxembourg’s financial centre continues to attract strong international interest, thanks to its commitment to transparency, innovation and resilience.”
He also met with the President of the African Development Bank, Sidi Ould Tah, to review cooperation between Luxembourg and the bank, particularly with regard to strengthening collaboration on digital innovation. Minister Roth further attended a private dinner hosted by IMF Managing Director Kristalina Georgieva, which brought together finance ministers from key euro area member states to discuss current economic and financial developments.
The second part of his trip, taking place from Saturday 18 to Wednesday 22 October 2025, consists of a financial mission to Canada organised in partnership with Luxembourg for Finance.
