graphic
News > Economy
IMF-World Bank parley off
September 17, 2001: 11:36 a.m. ET

Security concerns scratch meeting set for Washington in 2 weeks
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - The International Monetary Fund and World Bank, as expected, canceled  their joint meeting that had been scheduled for Washington, D.C., at the end of this month, due to security concerns arising from last week's terrorist attack.

graphic  
"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," the two organizations said jointly in a release Monday morning.

Officials of the two organizations 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.

The IMF and World Bank suggested the meeting itself would not be rescheduled.

"The normal business of the Bank and the Fund 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 Bank and Fund meetings in 2002." graphic

  RELATED STORIES

Report: IMF to cut global growth forecast, sees recession risk - Aug. 31, 2001

  RELATED SITES

The World Bank Group

International Monetary Fund


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.