Meeting against the backdrop of a subdued global recovery, the International Monetary and Financial Committee, the IMF’s policy-steering body, issued a communiqué outlining steps to spur strong, sustainable, and balanced growth.
The 2013 World Bank Group-IMF Annual Meetings kicked off on October 11. The shareholders of the two institutions and other attendees are participating in a full slate of Meetings seminars and briefings focused on the global outlook and economic recovery.
World Bank Group President announces a set of sweeping changes to align staff, finances, and priorities of the global institution to meet the goals of ending extreme poverty by 2030 and boosting shared prosperity for the bottom 40% of the population in developing countries.
IMF Managing Director Christine Lagarde outlined long-term trends facing the global economy. Flexibility, focus, and service will be guideposts for the future IMF, she said.
Malala Yousafzai, the 16-year-old from Pakistan, will speak about her passionate fight for girls’ education. A year ago, Malala was shot in the head by the Taliban as she was returning from school on a bus. Watch Friday at 1 p.m. ET/17:00 GMT or follow on Twitter at #IDG2013 or #askMalala.
The Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) each year bring together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness. Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world's financial system. This year's Annual Meetings events will take place in Washington, D.C., October 11-13, 2013. Read more »