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14 October 2022

Christian Lindner attended international meetings in Washington DC

German Finance Minister Christian Lindner attended numerous meetings in Washington from 12–14 October. In his talks with international partners, he discussed the most pressing fiscal policy issues of global significance. Key priorities included the global economic impact of Russia’s war of aggression against Ukraine, rising inflation, international debt, and efforts to fight the climate crisis.

The annual meetings of the International Monetary Fund (IMF) and the World Bank were also an opportunity for the G20 finance ministers and central bank governors to get together.

G7 statements
On 12 October, the G7 finance ministers and central bank governors issued joint statements. You can download the statements in English here:

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Christian Lindner explains what is on the agenda of the G20, IMF and World Bank meetings on 13 October

More : Christian Lindner explains what is on the agenda of the G20, IMF and World Bank meetings on 13 October

Press statement by Christian Lindner prior to the Annual Meetings of the IMF and World Bank

More : Press statement by Christian Lindner prior to the Annual Meetings of the IMF and World Bank

Christian Lindner comments on the Annual Meetings of the IMF and World Bank in Washington DC

More : Christian Lindner comments on the Annual Meetings of the IMF and World Bank in Washington DC

The international meetings took place in the shadow of current economic trends and multifaceted global challenges, especially

  • the deteriorating growth outlook
  • the high rate of inflation and related monetary policy tightening
  • the adverse effects of Russia’s invasion of Ukraine
  • the ongoing tangible impacts of the Covid-19 pandemic and supply chain problems

Prior to the meetings, the IMF issued its economic forecasts and recommendations in the World Economic Outlook, which was published on 11 October 2022. The fight against inflation is also one of the German Finance Ministry’s top priorities. Measures to counter inflation require sound and sustainable public finances. For this reason, the draft federal budget for 2023 aims to ensure that Germany regains compliance with constitutional debt rules in the coming year.

In addition to focusing on global economic trends, the talks also placed a spotlight on international debt as well as measures to provide relief to heavily indebted countries. Minister Lindner also attended a conference where he joined representatives from African countries along with other international partners to discuss debt-related issues, including ways to ensure the effective implementation of the G20 Common Framework for Debt Treatments. Detailed information on international strategies to fight debt is available here.

The international meetings also placed a special focus on the climate crisis as one of the primary macroeconomic and political challenges facing the world. The talks addressed efforts to fight climate change and global strategies to mitigate its consequences.

Christian Lindner in Washington DC

Christian Lindner on his way to the IMF and the World Bank. Christian Lindner on his way to the IMF and the World Bank.
Christian Lindner answers questions from the media. Christian Lindner answers questions from the media.
Christian Lindner meets his Turkish counterpart Nureddin Nebati. Christian Lindner meets his Turkish counterpart Nureddin Nebati.
G7 meeting on the sidelines of the IMF and World Bank Annual Meetings. G7 meeting on the sidelines of the IMF and World Bank Annual Meetings.
Hans Peter Lankes and Lord Nicholas Stern of the LSE together with Christian Lindner. Hans Peter Lankes and Lord Nicholas Stern of the LSE together with Christian Lindner.
Christian Lindner prepares for his next talks. Christian Lindner prepares for his next talks.
Conference with representatives from African states and donor countries. Conference with representatives from African states and donor countries.
Christian Lindner together with Zambian Finance Minister Situmbeko Musokotwane. Christian Lindner together with Zambian Finance Minister Situmbeko Musokotwane.
Christian Lindner together with US Treasury Secretary Janet Yellen. Christian Lindner together with US Treasury Secretary Janet Yellen.
Christian Lindner meeting up with Ukrainian Finance Minister Sergii Marchenko. Christian Lindner meeting up with Ukrainian Finance Minister Sergii Marchenko.
On the way to the next meeting, together with former State Secretary Carsten Pillath. On the way to the next meeting, together with former State Secretary Carsten Pillath.
Christian Lindner together with IMF Managing Director Kristalina Georgieva. Christian Lindner together with IMF Managing Director Kristalina Georgieva.
Christian Lindner together with Nirmala Sitharaman, Finance Minister of India. Christian Lindner together with Nirmala Sitharaman, Finance Minister of India.