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)

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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 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 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 Boards of Governors of the IMF
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

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Development Committee alsoKnownAs Joint Ministerial Committee of the World Bank and the IMF
IMF and World Bank Spring Meetings hasComponent World Bank Development Committee meetings
linked to: Joint Ministerial Committee of the World Bank and the IMF
International Monetary Fund Annual Meetings includesEventType World Bank Development Committee meetings
linked to: Joint Ministerial Committee of the World Bank and the IMF
IMF Board of Governors hasSubOrganization IMF Development Committee
linked to: Joint Ministerial Committee of the World Bank and the IMF
Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries alsoKnownAs World Bank–IMF Development Committee
linked to: Joint Ministerial Committee of the World Bank and the IMF