IMF Chief Christine Lagarde told reporters at a news conference ahead of the 2012 IMF-World Bank Annual Meetings in Tokyo that many of the right decisions had been taken to secure global recovery, but added that these decisions need to be implemented.
In his opening press briefing at the 2012 Annual Meetings, World Bank President Jim Yong Kim put out a challenge to “fundamentally change the arc of history to end absolute poverty more quickly than is currently predicted.”
Japanese Finance Minister Koriki Jojima, World Bank President Jim Yong Kim and IMF Managing Director Christine Lagarde toured the earthquake damaged city of Sendai and participated in a forum on managing disaster risk on Wednesday.
The Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group 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 Tokyo, October 9-14, 2012. Read more »