The Development Committee, which advises the Boards of Governors of the World Bank and IMF on issues related to economic development, met on Saturday, Oct. 9, and released the following communiqué.
Meeting amid concerns about slow growth and stubborn unemployment in parts of the global economy, members of the International Monetary and Financial Committee (IMFC) stressed their strong commitment to working collaboratively to secure a strong, sustainable, and balanced global recovery.
The 2010 Annual Meetings opened today with a plenary session featuring remarks by Annual Meetings Chairman Olusegun Olutoyin Aganga (Segun), IMF Managing Director Dominique Strauss-Kahn and World Bank President Robert Zoellick
IMF Managing Director Dominique Strauss-Kahn, speaking ahead of the 2010 IMF-World Bank Annual Meetings, outlined four key challenges for the global economy.
World Bank President Robert Zoellick discusses the fragile recovery and the Bank’s response.
The 2010 IMF-World Bank Annual Meetings kick off on Friday, October 8. The shareholders of the two institutions and other attendees began to gather Thursday, participating in a full slate of pre-meeting seminars, luncheons, and briefings focused on the global outlook and economic recovery.
A seminar on Thursday spotlighted the World Bank’s Adolescent Girls Initiative, a program targeting girls in seven countries that helps adolescent girls and young women improve their lives and economic prospects.
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. This year's meeting will take place in Washington D.C. October 8-10, 2010. Read more »