Joint Ministerial Committee of the World Bank and the IMF
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The Joint Ministerial Committee of the World Bank and the IMF, commonly called the Development Committee, is a high-level forum of finance ministers that advises both institutions on critical issues related to global economic development and the needs of developing countries.
All labels observed (4)
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
advisory body
ⓘ
intergovernmental committee ⓘ international organization body ⓘ ministerial committee ⓘ |
| advises |
International Monetary Fund
ⓘ
World Bank Group ⓘ |
| affiliation |
International Monetary Fund
ⓘ
World Bank Group ⓘ |
| alsoKnownAs |
Development Committee
ⓘ
Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries ⓘ |
| composition |
central bank governors
ⓘ
development ministers ⓘ finance ministers ⓘ |
| established | 1974 ⓘ |
| establishedBy |
World Bank Group Board of Governors
ⓘ
surface form:
Boards of Governors of the World Bank and the IMF
|
| focusesOn |
aid effectiveness
ⓘ
debt issues of developing countries ⓘ financing for development ⓘ global public goods related to development ⓘ inclusive and sustainable globalization ⓘ poverty reduction ⓘ sustainable economic growth ⓘ |
| language | English ⓘ |
| legalStatus | joint committee of the Boards of Governors ⓘ |
| meetingLocation | usually at the time of the Spring and Annual Meetings of the World Bank and IMF ⓘ |
| meets | twice a year ⓘ |
| meetsConcurrentlyWith |
International Monetary and Financial Committee
ⓘ
surface form:
International Monetary and Financial Committee of the IMF
|
| memberSelection | representatives of member countries of the World Bank and the IMF ⓘ |
| parentOrganization |
International Monetary Fund
ⓘ
World Bank Group ⓘ |
| produces | communiqués ⓘ |
| purpose |
to advise the World Bank and the IMF on development issues
ⓘ
to consider key issues affecting the transfer of real resources to developing countries ⓘ to provide a forum for intergovernmental consensus-building on development ⓘ |
| regionServed | worldwide ⓘ |
| reportsTo |
IMF Board of Governors
ⓘ
surface form:
Boards of Governors of the IMF
World Bank Group Board of Governors ⓘ
surface form:
Boards of Governors of the World Bank
|
| scope |
developing countries
ⓘ
global economic development ⓘ |
| secretariatProvidedBy | World Bank Group ⓘ |
| shortName | Development Committee ⓘ |
| topic |
global economic governance
ⓘ
international development policy ⓘ resource flows to developing countries ⓘ |
| typeOfBody | ministerial-level forum ⓘ |
| website | https://www.worldbank.org/en/about/leadership/development-committee ⓘ |
Referenced by (5)
Full triples — surface form annotated when it differs from this entity's canonical label.
IMF and World Bank Spring Meetings
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hasComponent
→
Joint Ministerial Committee of the World Bank and the IMF
ⓘ
this entity surface form:
World Bank Development Committee meetings
International Monetary Fund Annual Meetings
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includesEventType
→
Joint Ministerial Committee of the World Bank and the IMF
ⓘ
this entity surface form:
World Bank Development Committee meetings
IMF Board of Governors
→
hasSubOrganization
→
Joint Ministerial Committee of the World Bank and the IMF
ⓘ
this entity surface form:
IMF Development Committee
Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries
→
alsoKnownAs
→
Joint Ministerial Committee of the World Bank and the IMF
ⓘ
this entity surface form:
World Bank–IMF Development Committee