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IMF Will Meet in Ottawa, Nov. 17-18

International Monetary Fund
700 19th Street, NW
Washington, D.C. 20431 USA

IMFC and Development Committee Meetings To Be Held November 17-18, 2001
in Ottawa

The Managing Director of the International Monetary Fund, Horst Köhler,
and the President of the World Bank, James D. Wolfensohn, after
consultation with the institutions' Boards of Executive Directors, and
with the chairmen of the International Monetary and Financial Committee
(IMFC) and the Development Committee (DC), Gordon Brown and Yashwant
Sinha, are pleased to accept the invitation made by the Canadian Finance
Minister, Paul Martin, to host meetings of the IMFC and DC in Ottawa on
November 17-18, 2001.

These meetings will bring together ministers and central bank governors
from around the world to discuss issues of importance to the membership
of the IMF and World Bank, especially including the global economic
outlook in the wake of the tragic events of September 11; their impact,
in particular, on the poorest; the ongoing work to improve the stability
of the international financial system; and preparations for the
forthcoming United Nations Conference on Financing for Development.


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