EDS23

From April 21 to 26, 2025, Washignton, D.C., hosted the Spring Meetings of the World Bank Group and the International Monetary Fund.

The Russian Federation’s delegation included senior officials from the Ministry of Finance and the Central Bank of Russia. The Syrian Arab Republic was represented by H.E. Mohammed Yisr Barnieh, Minister of Finance Minister and H.E. Abdulkader Husrieh, Governor of the Central Bank of Syria.

On November 11, the Russian ED’s Office jointly with the Ministry of Economic Development of the Russian Federation and WBG ECA Procurement Unit held a webinar on the Specifics of Participation in World Bank Group Procurement that was attended by over 70 participants.

From October 21 to 26, 2024, the World Bank Group and the IMF held their Annual Meetings in Washington, D.C. The Russian delegation, led by Deputy Finance Minister and Alternate Governor for the Russian Federation at the World Bank Ivan Chebeskov, engaged in key discussions on global economic challenges and cooperation for development.

Roman Marshavin, Executive Director for the Russian Federation at the World Bank, spoke with TASS about the current state and future prospects of the Bretton Woods institutions, geopolitical fragmentation, and the importance of global cooperation.

In 2023, Russia’s Gross National Income per capita reached 14250 USD, and, consequently, Russia was classified as a high-income country for the first time since 2015. 

From April 15 to 19, 2024, the office of the Executive Director for the Russian Federation and the Syrian Arab Republic participated in the Spring Session of the World Bank Group, held in Washington, DC.

The Russian Federal Tax Service together with the World Bank Russian office organized a seminar, called "Revenue Collection and the Role of Digital Technologies," on October 12, 2023. This seminar highlighted the vital role of digital technologies in domestic revenue collection and administration and was the first seminar ever organized by Russia during offsite WBG Annual Meetings.

The Russian and Syrian delegations participated in the Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF), which concluded in Marrakech, Morocco, from October 9 to October 15, 2023.

The 2023 Spring Meetings marked a significant milestone as they were the first to be held entirely in-person since the onset of the COVID-19 pandemic. This format provided an excellent opportunity for the Russian delegation to engage in several productive bilateral meetings with delegations from other countries.

April 13, 2023, marks exactly 30 years since Russia signed the Agreement on Membership with the International Finance Corporation (IFC).

The Russian Federation was recognized by the World Bank as one of top-ten countries in the world with the highest maturity in digital government.

The assessment is the result of GTMI – the GovTech Maturity Index 2022, which considers the current state of the digital transformation of the public service in 198 global economies.

In October 2022, for the first time since the beginning of the COVID-19 pandemic, Annual Meetings of the WBG/IMF were held in person with the possibility of remote connection.

On October 10, 2021, a meeting was held between Mr. Roman Marshavin, the Executive Director for Russia and Syria, and the delegation representing Mali during the Annual Meeting, led by the Minister of Economy and Finance of Mali, Alousséni Sanou. 

30 years ago, on June 16th, 1992 Russia officially joined the Articles of Agreement of the International Bank of Reconstruction and Development and International Development Association, thus officially becoming a World Bank Member-country and an active participant of the global economic agenda.

Deputy Minister of Finance of the Russian Federation and Deputy Governor for Russia at the World Bank Group institutions, Mr. Timur Maksimov, led the delegation that took part in the 105^th Meeting of the Development Committee on April 22, 2022.

Central Bank of the Russian Federation announced call for working papers that could be included in the programme of its annual International Research Conference that will take in Saint Petersburg on 5-6 July 2022. The topic of the conference is “Financial Sector Response to Climate Change: Implications for Central Banks”. 

Read the recently published article “When blue becomes green: a new bank for low carbon future” prepared for OPEC Bulletin by Russian Executive Director Roman Marshavin and Advisor to Executive Director Alexey Morozov.

The Russian delegation headed by the Deputy Prime Minister of the Russian Federation and IBRD/IDA/MIGA/IFC Governor Alexey Overchuk visited Washington DC and took part in the events within the framework of the 2021 WBG/IMF Annual meetings.

In July 29, 2021, the Russian ED’s office hosted a webinar on different aspects of national experiences with the development of e-government systems between the Russian Ministry of Economic Development, the Russian Ministry of Digital Development and Mass Communications, the Argentinian Secretariat of Public Innovation and the World Bank Group staff members.

On June 2-3, 2021, the World Bank Group President David Malpass took his first trip to Moscow since assuming leadership of the organization. During his visit, David Malpass had a phone call with Russian President Vladimir Putin. He also had a meeting with Russian Prime Minister Mikhail Mishustin. 

On May 26, 2021, the Russian ED’s office hosted a BBL on recent insights of the role of natural gas and hydrogen in meeting the targets of the Paris Agreement. The event was moderated by Prof. Jonathan Stern, distinguished fellow Oxford Institute for Energy Studies (OIES), and features the recent insights shared by Ralf Dickel, Senior Advisor at Zukunft Gas, and Dr. Peter Zeniewski, Lead Gas Analyst at IEA. 

On April 19, 2020 the Russian Deputy Minister of Finance Timur Maksimov met with the World Bank Vice President for Europe and Central Asia Anna Bjerde via videoconference.

The Russian Deputy Prime Minister and IBRD/IDA/MIGA/IFC Governor Alexey Overchuk took part in the Development Committee meeting held virtually on April 9, 2021 during WBG/IMF Spring Meetings. 

The Russian Deputy Prime Minister and IBRD/IDA/MIGA/IFC Governor Alexey Overchuk held a videoconference meeting with the World Bank Managing Director Axel van Trotsenburg. The event took place ahead of the Joint Ministerial Committee meeting of the WBG Boards of Governors and the Development Committee. They discussed topical issues of the Russian Federation and the World Bank Group cooperation, as well as the progress made in implementing the agreements reached during the meeting with World Bank President David Malpass in October, 2020.

Read the article on international financial institutions' role in preventing the spread of the COVID-19 pandemic and assisting the affected countries, by Roman Marshavin and Alexey Sokolov (Ministry of Foreign Affairs of Russia). Available in Russian.

The Russian Ministry of Economic Development  hosted a webinar on the WBG procurement procedures of the World Bank projects for Russian regional and municipal representatives and business community.

Read about the interview of the Advisor to Executive Director Igor Shervarli at the Russian-African Public Forum, a platform for discussing the interaction between Russia and African countries.

Russian representatives took part in the Development Committee virtual meeting held on October 16, 2020 during WBG/IMF Annual Meetings.

Russian ED’s Office hosted a webinar for Russian energy companies on the World Bank procurement process and business opportunities . The webinar was jointly organized with the Ministry of Energy of Russia and World Bank OPCS team.

Read Roman Marshavin's interview with TASS Russian News Agency on the economic recovery from the COVID-19 crisis and future expectations. The interview is available in Russian.

Due to the COVID-19 pandemic, all World Bank Group staff are working from their homes. The Russian ED's Office shares its remote work experience, main challenges faced and positive sides discovered. 

Russian representatives from the Ministry of Finance and the Ministry of Economic Development took part in the first-ever virtual meeting of the Development Committee held on April 17, 2020 during WBG/IMF Spring Meetings.