INTERNATIONAL MONETARY AND FINANCIAL COMMITTEE (IMFC)
Finance Minister attended International Monetary and Financial Committee (IMFC) meeting of IMF.
IMFC advises and reports to IMF Board of Governors on supervision and management of international monetary and financial system, including on responses to unfolding events that may disrupt the system.
Although the IMFC has no formal decision-making powers, in practice, it has become a key instrument for providing strategic direction.
The IMFC has 24 members who are central bank governors or ministers and the body meets twice a year.