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JULY    1999      # 0003

In September 2000 Prague will host about 20 000 participants and guests of the IMF/WBG Annual Meetings.

(continued from the previous issue of the newsletter)

Prague – The Venue Of The IMF And World Bank Meeting

By Selga Laizane

Selga Laizane continues conversation with Lumira Kafkova, Executive Director of the Planning Department of the Annual Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG) in 2000 during her exchange of experience visit to Prague, the Czech Republic.

How many participants do you expect in Prague Meeting in September 2000?

In Hong Kong it was some 18 000 people including personnel. We assume that in 2000 it will be a lot more. The IMF/WBG Annual Meetings will be held in the period of September 26 – 28, 2000, but since there will be many events taking place before and after this period, we expect about 20 000 participants.

How large is financial support from the government?

The Czech Government allotted from the state budget the amount of CZK 350 mil. (i.e. about USD 10 mil.) and as I have already mentioned before the Czech National Bank released additional financial resources (about USD 7,5 mil.).

We believe in considerable part of sponsors. For example, Skoda - VW concern together with Audi have helped us greatly – they are going to lend us free of charge 270 luxurious limousines and 30 minibuses.

At present there are many negotiations with other institutions and companies that could participate in form of supply with material, product, etc. as, for example, companies Ericsson, Philips and others that I would not like to mention at this stage since our negotiations have only started.

Are you doing any reconstruction of venues especially for the Meeting?

The Prague Congress Centre that was chosen for this event did not fully meet all the requirements. Therefore it was necessary to reconstruct the venue and construct one more adjacent building. These works started in July last year and will be finished by the middle of May next year. There will be an event taking place in this congress centre in June 2000 to verify operation of both buildings.

What will be the impact of the Meeting on future development of Prague and your country?

I think and believe that the impact will be of a great extent. If we manage to organise the Meeting without problems and according to requirements then we expect significant grow of interest in the congress and tourism performed in the Czech Republic (we have already received such signals). We also believe that many foreign investors will channel a lot of their concern to the Czech Republic.

What is the key to the secret of successful organisation of such meetings – perfect co-operations between the institutions involved, or whether it is funding, finances, allotted for the organisation, may be the know-how of the people involved? What is your opinion?

In may opinion it is a combination of all you mentioned. You need all of it. Co-operation between institutions can be perfect, you can have a great team of qualified people with sufficient know-how but if you do not have enough financial resources – then the event still might not be successful. But it is also true the other way round…

And what would be your advice to myself and my colleagues, the organisers of the EBRD Annual Meeting in Riga expecting about 3500 delegation next year?

It is extremely difficult to give you good advice in this case. However, in my opinion it is very important that you and your team do not let any problem extinguishes your effort and enthusiasm. Quite the opposite – every single problem will make you stronger if you try to overcome it together. That is probably the only way to achieve success. And perhaps one more thing – in some situations you cannot compromise.

What would you wish to the organisers of the EBRD Annual Meeting in Riga?

Enough energy, good will and persistence, plentiful co-operation with institutions in Riga and great support from many sponsors.

I also believe that the public will realise the possibility to highlight your city and the whole country this way and try to participate in the best way. We also have to prepare our citizens for the Annual Meetings of the IMF/WBG. I particularly have on my mind the level of services since especially the way services are performed – in Central and Eastern European countries – is still not appropriate and fully sufficient.