IMF, World Bank cancel meet
Our
Correspondent
18 Sept 2001
NEW YORK: The International
Monetary Fund and the World Bank have canceled their joint
meeting that was supposed to be held in Washington at the end of
this month. The cited reason for the decision, which was
nevertheless
expected, was security concerns arising from last week's terrorist
attacks.
"This decision was taken out of deepest respect and sympathy
for the families of all those touched by the horrific events of
last Tuesday, and in order to dedicate law enforcement personnel
fully to the extraordinary and immediate priorities at hand,"
both the organisations said jointly in a release on 17 September.
Officials of the two organisations had signaled their plans last
week shortly after the attack. About 100,000 protestors had been
expected in the nation's capital during the meeting, and providing
security for the groups would have stretched law enforcement
resources needed to respond to the terrorist attack, CNN had
reported ealier. "The IMF and the World Bank suggested the
meeting itself would not be rescheduled."
"The normal business of the WB and the IMF will not be
interrupted," the statement said. "Alternative
arrangements for conducting the required business of the meetings
will be determined. We expect to return to the normal schedule for
the WB and the IMF meetings in 2002."
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