The Central Bank of the Republic of San Marino participated in the International Monetary Fund and World Bank Spring Meetings in Washington and used the mission to hold bilateral discussions with peer central banks and supervisory authorities focused on strengthening technical cooperation and information exchange, including joint initiatives on financial education and climate and environmental risks. The delegation met counterparts from the Bank of Italy, Banco de Portugal, the Central Bank of Albania, Liechtenstein’s Financial Market Authority and Andorra’s Financial Authority, alongside institutional meetings with the Executive Directors for the IMF (Riccardo Ercoli) and the World Bank (Matteo Bugamelli) and a renewed dialogue with the Director of the IMF’s Europe Department (Alfred Kammer). The bank framed the discussions against IMF updates that revised global growth projections to 3.1 percent in 2026 and 3.2 percent in 2027 and euro area growth to 1.1 percent and 1.2 percent, and highlighted Global Financial Stability Report warnings on vulnerabilities linked to high debt and risks of asset price corrections.