EBRD’s annual meeting to focus on COVID-19’s impact on emerging economies

EBRD’s annual meeting to focus on COVID-19’s impact on emerging economies

The European Bank for Reconstruction and Development's (EBRD) annual meeting for 2020 will be entirely centred on discussing COVID-19's impacts on the 38 emerging economies where it invests and how the bank will support them to recover. 

The meeting is scheduled to kick off virtually from London on Wednesday and will be held over two days.

The meeting is also expected to witness the election of the EBRD's new president, who will succeed Sir Suma Chakrabarti. In addition, the EBRD's governors are expected to approve the bank's strategy for the next five years (2021-2025).

In this regard, three candidates are standing for election: Polish Finance Minister Tadeusz Koscinski, former Italian Finance Minister Pier Carlo Padoan, and Director General of the French Treasury Odile Renaud Basso.

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