World Bank Group President David Malpass and IMF Managing Director Kristalina Georgieva will kick off the Spring Meetings with a discussion on the complex challenges facing the global economy. Three years since the pandemic started, uncertainties and risks still weigh heavily on the global economy. Stubborn inflation, the cost-of-living crisis, and slower growth effects all of us, but especially hurts the poor and most vulnerable. Record high debt is holding back developing countries, and the effects of climate change are threatening lives and livelihoods around the world. On top of all this, Russia’s war in Ukraine and geopolitical fragmentation makes international coordination even more challenging. This conversation will explore how to better finance global public goods and address these challenges together. Learn more: http://wrld.bg/eHQB50NCboA
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ABOUT THE SPRING MEETINGS The World Bank Group - IMF Spring Meetings present a unique opportunity for all to join central bankers, ministers, private sector executives, civil society representatives, youth leaders, academics, and others to discuss the most pressing challenges facing our world today and how we can best respond to these to promote growth, equity, and prosperity for all. Learn more: http://wrld.bg/fp8H50Nt8q6 #WBGIMFmeetings
ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org