The Minister of Finance and Coordinating Minister of Economy, Wale Edun, is leading Nigeria’s delegation to attend the 2025 International Monetary Fund, IMF, Spring Meetings, scheduled to hold from April 21 to April 26 in Washington, D.C., United States.
DAILY POST reports that the IMF Spring Meetings are aimed at fostering macroeconomic stability, providing policy advice, and assist nations facing balance-of-payments challenges.
The gathering includes representatives from 190 countries, bringing together finance ministers, central bank governors, and key economic stakeholders to discuss pressing global financial challenges.
The Nigerian delegation attending the meetings includes senior officials from the Central Bank of Nigeria, CBN, Chief Executive Officers of financial institutions, and representatives from the private sector, civil society organisations, and non-governmental organisations.
Engaging in these discussions, Nigeria’s delegation seeks to advance policies that safeguard economic stability, improve financial regulations, and enhance trade resilience.
The IMF and the World Bank continue to play pivotal roles in shaping global economic governance.
DAILY POST reports that the IMF, established in 1944, primarily spearheads monetary stability, while the World Bank focuses on poverty reduction and economic development.
With increasing concerns about global economic turbulence, the discussions will address financial market uncertainties, trade disruptions, and strategies to promote inclusive growth.
One of the dominant themes at this year’s meetings is the impact of US President Donald Trump’s sweeping import tariffs, which have affected trade relations globally since his return to office in January 2025.
Countries are expected to engage in discussions on mitigating the effects of these tariffs on their economies and identifying pathways to sustain trade partnerships.
Delegates will also focus on efforts to build a more resilient global economy capable of absorbing economic shocks and fostering sustainable development.
