The International Monetary Fund (IMF) has announced the establishment of its technological centre in Valencia, Spain, which will provide support for the institution's global technological operations. The centre will offer services in areas such as digital infrastructure, cybersecurity, artificial intelligence, and digital innovation.
Valencia was chosen for its robust technological ecosystem, highly skilled workforce, strategic location, and established international presence. The agreement was signed between the IMF and the Spanish government, with collaboration from the Valencian Community to facilitate the centre's launch.
The IMF's technological centre will enhance the institution's information technology operations and contribute to its global activities by providing specialized technological services. This initiative aims to strengthen the IMF's technological capabilities and support its operations for the benefit of member countries worldwide.
The centre will be implemented gradually, expanding its operational capabilities and staffing over time. The IMF expressed gratitude for the support and collaboration from the Spanish government and the Generalitat Valenciana in advancing this initiative.