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Press release

Minister Donohoe Travels to Washington DC for the 2025 Annual Meetings of the IMF and World Bank

The Minister for Finance and President of the Eurogroup Paschal Donohoe T.D. travels to Washington this week to represent both Ireland and the euro area at the Annual Meetings of the International Monetary Fund (IMF) and World Bank.

The Annual Meetings provide the opportunity for Finance Ministers and Central Bank Governors from around the world along with leading figures from the IMF and World Bank to meet and discuss global economic and development challenges, including the IMF’s assessment of the global economic outlook.

Speaking ahead of the Annual Meetings, Minister Donohoe commented:

"‘I am pleased to be participating in this year’s Annual Meetings in Washington D.C., as Minister for Finance, as Ireland’s Governor at the IMF and World Bank and as President of the Eurogroup’."

“These Institutions celebrated their 80-year anniversary last year, and now, maybe more than any time in recent memory, they are needed to help address the global challenges that we face. Multilateralism, particularly in the face of persistent and ongoing global conflicts and recent economic turbulence, is key for securing effective and resilient outcomes."

“As part of these meetings, I am pleased to announce Ireland’s support for the World Bank declaration to promote female representation on the Board of Executive Directors. This excellent initiative is in line with one of the core policy priorities of Ireland’s foreign and international development policy,and is in line with the Programme for Government’s commitment to promote the target of at least 40% gender representation domestically.”

During the Annual Meetings, Minister Donohoe will attend the G20 Meetings of Finance Ministers and Central Bank Governors and the Coalition of Finance Ministers for Climate Action. In his capacity as President of the Eurogroup, Minister Donohoe will also attend the G7 Finance Ministers’ and Central Bank Governors’ meeting.

Minister Donohoe will also participate in a series of media engagements to highlight the European economic and financial policy agenda.

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