Credit: Ali Sahib, Chronicle.lu
From Wednesday 2 to Friday 4 July 2025, the European Convention Center Luxembourg (ECCL) hosted the International Monetary Fund (IMF) and World Bank Constituency Meeting, bringing together finance ministers and central bank governors from sixteen countries.
As reported by Luxembourg's Ministry of Finance, the meeting - themed "Our constituency in an increasingly fragmented world" - provided a platform for discussion on major international economic and financial issues amid a context of uncertainty and growing fragmentation. In addition to national delegations, representatives from the IMF, the World Bank Group, the European Investment Bank (EIB), the European Stability Mechanism (ESM) and the European Commission participated in the discussions.
The sixteen participating countries were: Andorra, Armenia, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Luxembourg, Moldova, Montenegro, the Netherlands, North Macedonia, Romania and Ukraine.
During the plenary and parallel sessions, discussions focused on key topics such as: EU enlargement and trade, the World Bank's strategic priorities in Europe and Central Asia, fiscal policy in times of conflict, the role of industrial policy, the role of central banks in the green transition, and mobilising private finance for employment and sustainable growth.
On the sidelines of the meeting, Luxembourg's Minister of Finance, Gilles Roth, held bilateral meetings with his counterparts from Andorra, Belgium, Georgia and North Macedonia.
He stated: "In a fragmented world, we need cooperation and multilateralism more than ever. This is the clear message from our IMF and World Bank Constituency Meeting here in Luxembourg. Only this international cooperation will enable us to ensure sustainable and inclusive growth. For our countries and our economies - and above all, for our citizens."
