Wale Edun leads Nigerian delegation to 2025 IMF spring meetings

The annual IMF Spring Meetings serve as a platform for promoting macroeconomic stability, offering policy guidance, and assisting countries facing balance-of-payments challenges.

With participation from representatives of 190 nations, the meetings bring together finance ministers, central bank governors, and other key economic stakeholders to deliberate on pressing global financial issues.

Nigeria’s delegation comprises senior officials from the Central Bank of Nigeria (CBN), chief executives of financial institutions, and representatives from the private sector, civil society, and non-governmental organisations.

Nigeria’s participation aims to champion policies that reinforce economic stability, enhance financial regulation, and boost trade resilience.

The IMF and the World Bank—commonly referred to as the Bretton Woods Institutions—continue to play crucial roles in global economic governance.

Since their establishment in 1944, the IMF has focused on monetary stability, while the World Bank targets poverty reduction and economic development.

Amid growing concerns about global economic volatility, this year’s discussions will examine financial market instability, trade disruptions, and strategies for inclusive growth.

A key issue at the 2025 meetings is the global impact of U.S. President Donald Trump’s renewed imposition of sweeping import tariffs, which have significantly influenced global trade relations since his return to office in January.

Participating countries will explore ways to mitigate the effects of these tariffs and identify sustainable strategies for maintaining trade partnerships.

Delegates will also focus on building a more resilient global economy, capable of withstanding shocks and supporting sustainable development.

The meetings include: Global Economic Analysis – Providing insights into financial trends and policy adjustments required to stabilise economies.

While the Bilateral Consultations session will facilitate discussions among member countries to negotiate strategies for economic cooperation, the Poverty Eradication Initiatives session will address economic disparities and evaluate financial programs aimed at reducing global poverty.

Additionally, the IMF will present its World Economic Outlook, offering projections on global growth, alongside the Global Financial Stability Report, which evaluates risks to the international financial system.

Another major topic on the agenda is reforming the global financial architecture to better serve developing countries.

Participants will explore structural reforms within financial institutions and innovative models for funding development initiatives.

The economic implications of climate change will also be addressed, with discussions focusing on how countries can incorporate environmental sustainability into financial planning.