WASHINGTON -- A high-ranking Iranian economic delegation composed of Minister of Economic Affairs and Finance Tahmasb Mazaheri, Central Bank of Iran Governor Mohsen Nourbakhsh and Majlis Economic Commission Chairman Reza Abdollahi is currently attending the annual meetings of the International Monetary Fund (IMF) and the World Bank which opened here Friday.

The meeting is attended by ministers of economy and finance and chiefs of the central banks of the world's richest nations, the G-7, as well as representatives from the IMF and World Bank.

The Iranian delegation is to hold separate meetings with several countries' ministers and delegations.

Members of the group of 24 (comprising developing countries) held a session on Friday during which they surveyed and appoved resolutions to improve the economic conditions of member states.

At the start of the annual IMF and World Bank meetings on Friday, police here clashed with anti-capitalist and anti-globalization demonstrators opposing G-7 policies. Streets were cordoned off and over 600 protesters arrested, IRNA reported.