Varga holds talks at annual meetings of World Bank, IMF


Minister for National Economy Mihály Varga met the heads of several international financial institutions, as well as representatives of investor groups, on the occasion of the annual meetings of the World Bank Group and the International Monetary Fund in Washington, D.C., on Saturday, his ministry said, according to Hungarian news agency MTI.

Varga held talks with Cyril Muller, the World Bankʼs vice president for Europe and Central Asia, on the sidelines of a general meeting. The two officials reviewed matters at hand involving Hungary and the World Bank, as well as the topic of international migration. 

Varga also met Sir Danny Alexander, vice president of the Asian Infrastructure Investment Bank (AIIB), with whom he discussed the AIIBʼs expansion and Hungaryʼs possible accession.

At the invitation of Poul Thomsen, Director of the IMFʼs European Department, Varga participated at a meeting of finance ministers and central bank governors from Central, Eastern and Southeastern Europe to discuss the global as well as regional economies and to exchange outlooks and ideas.

Varga discussed the growth outlook for Hungary with representatives from several international credit rating agencies and financial institutions. He also participated at an investorsʼ conference organized by the Bank of America.

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