MesaZona > Table of Contents : Here's The Menu. Enjoy: Annual Meetings conclude without consensus on funding terms and conflict language > International Monetary Fund (IMF) and World Bank Group (WBG)

The Boards of Governors of the International Monetary Fund (IMF) and World Bank Group (WBG) normally meet once a year to discuss the work of their respective institutions. The Annual Meetings, which generally take place in September/October, have customarily been held in Washington for two consecutive years and in another member country in the third year. The Meetings bring together central bankers, ministers of finance and development, private sector executives, civil society, media and academics to discuss issues of global concern, including the world economic outlook, global financial stability, poverty eradication, inclusive economic growth and job creation, climate change, and others.

Key Themes

Building Economic Resilience

Amid a weakening global economy and elevated uncertainty, policymakers need to build a more resilient future by enhancing social safety nets to protect the most vulnerable, improving governance and accountability, strengthening policy frameworks, and tackling climate change. Food security concerns and the risk of future pandemics add to the urgency of increased effort and collaboration toward building resilient economies.

Securing Transformational Reforms

The impact of recent crisis upon crisis on the economic situation of countries has increased the need for structural reforms to bolster growth and secure a transformation that fosters inclusion and diversification, addresses the existential challenge of climate change, and supports digitalization.

Reinvigorating Global Cooperation

The world is facing the risk of policy-driven geo-economic fragmentation, which could jeopardize the economic gains made over the past several generations. Mitigating this risk requires concerted efforts to advance areas of common interest, such as tackling climate change, food insecurity, and increasing pandemic preparedness. The IMF can play an important role in helping member countries adapt to emerging challenges and increasing collaboration. The 2023 Annual Meetings will provide an opportunity to reinvigorate global cooperation.

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