Switzerland in the International Monetary Fund (IMF)
The main task of the International Monetary Fund (IMF) is to ensure the stability of the international financial and monetary system. Switzerland has an important voice in the IMF and is a reliable partner in initiatives to maintain global financial stability. As a constituency leader, it is permanently represented in the IMF Ministerial Committee and Executive Board, where it plays an active role. The IMF's almost universal membership with 190 countries gives it a high degree of legitimacy as a multilateral player.
Further information
Principles of Switzerland in the IMF
The principles of Swiss policy in the International Monetary Fund (IMF) are intended to ensure that Switzerland pursues a clear position over time in the IMF. They serve as a basis for formulating Switzerland's stance on the IMF's Executive Board's day-to-day business and for determining the general work priorities.
Switzerland's international monetary cooperation
One of the core tasks of the International Monetary Fund (IMF) is to maintain and strengthen global financial stability. In order to achieve this, it works closely with the central banks and finance ministries of the member states. This cooperation also concerns the provision of resources to prevent or limit financial and currency crises.
IMF reports and statistics on Switzerland
The monitoring and analysis of its member states' economic and financial market policy is one of the IMF's main tasks. These so-called surveillance activities help in the early detection of macroeconomic imbalances (such as balance of payment problems and unsustainable debt developments) and risks to financial sector stability. They form the basis for advising members on implementing appropriate economic policy measures.
Media
Switzerland at 2024 IMF and World Bank Annual Meetings and G20 Finance Ministers Meeting in Washington
Federal Councillors Karin Keller-Sutter and Guy Parmelin, accompanied by Martin Schlegel, Chairman of the Governing Board of the Swiss National Bank, will attend the Annual Meetings of the International Monetary Fund (IMF) and the World Bank in Washington from 23 to 25 October 2024. A meeting of G20 finance ministers and central bank governors will also take place during the Annual Meetings. The Swiss delegation will additionally use the event for bilateral talks.
Federal Councillor Karin Keller-Sutter meets Saudi Arabia's Minister of Finance, Mohammed Al Jadaan
On 20 June 2024 in Zurich, Federal Councillor Karin Keller-Sutter, Head of the Federal Department of Finance (FDF), received her Saudi counterpart, Mohammed Al Jadaan, for a working visit. The two ministers opened the bilateral financial dialogue between Switzerland and Saudi Arabia, and exchanged views on developments in the financial sector and the most important international financial and tax issues.
Federal Council adopts dispatch on adjustment of International Monetary Fund resources
During its meeting on 31 May 2024, the Federal Council adopted the dispatch on approving the adjustment of the resources of the International Monetary Fund (IMF) as part of the 16th General Review of Quotas. It requested Parliament to approve the corresponding adjustment of Switzerland's contributions to IMF resources.