Andorra Finance Minister Reaffirms Climate Commitments at IMF Spring Meetings

Andorra's Finance Minister Ramon Lladós led the country's delegation at the IMF's spring meetings in Washington this week, where he reaffirmed commitments to the Paris Agreement, climate transparency, and international funding for energy transitions.

The gatherings convened representatives from the IMF's 190 member states to discuss global economic prospects amid uncertainty, debt sustainability, support for vulnerable countries, and challenges from digital and green transformations. Lladós, accompanied by State Secretary for International Financial Affairs Lorena Jordana and Andorran Financial Authority Director General David Cerqueda, took part in key sessions, including the plenary of the International Monetary and Financial Committee (IMFC) and its introductory meeting. These provided insights into the IMF's policy priorities.

At the 15th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action, Lladós highlighted Andorra's dedication to climate policies and coordinated efforts against climate change. The delegation also held bilateral talks with IMF departments, officials from the Bank of Spain and Dutch Central Bank, counterparts from San Marino and Liechtenstein, and members of Andorra's IMF constituency to strengthen cooperation on shared concerns.

The visit follows a recent IMF technical mission to Andorra, which commended the economy's strength and resilience—driven by traditional sectors and emerging activities—alongside prudent fiscal management that delivered solid budget outcomes and bolstered fiscal buffers. Official data confirm 3.9% GDP growth in 2025, pushing output close to €4 billion, though the IMF expects a gradual slowdown ahead.