Media ININ Economy We Trust
Washington, April 9: The Spring Meetings 2023 of the World Bank Group and the International Monetary Fund will kick off tomorrow in the American capital, Washington, and will continue until April 16 to discuss and discuss the latest global economic developments.
Over the course of a week, policymakers, experts, leaders and other key stakeholders will gather to discuss a range of different topics, foremost of which are global macroeconomic challenges, the latest developments in digitization and financial services technology, climate affairs, and the path towards equality.
David Malpass, President of the World Bank Group, and Kristalina Georgieva, Managing Director of the International Monetary Fund, will begin the Spring Meetings with a discussion on the complex challenges facing the global economy during an event entitled “The Way Forward: Building Resilience and Reshaping Development.”
The event, which will be held tomorrow, will highlight the uncertainties and risks that severely affect the global economy three years after the start of the pandemic, in addition to factors related to chronic inflation, the high cost of living crisis, slow growth, high indebtedness to record levels in developing countries, and the effects of climate change that poses a threat to lives, and this dialogue will look at how we can improve the financing of global public goods and address these challenges together.
On Tuesday, April 11, an event entitled “Overcoming Debt and Achieving Growth” will be held in the presence of a group of academic experts and policy makers from developing economies, in addition to representatives of the private sector to discuss potential solutions, and learn about what can be done to avoid debt crises and achieve growth at a time Public debt is at its highest level in 50 years.
On April 12, an event entitled “Governing Effectively During Troubled Times” will be held, which will highlight what governments can do to meet the most important needs to protect individuals under the current circumstances, and how the international community can support governments in meeting the basic needs of the most vulnerable and needy.
The meetings on April 13 will include an event entitled “Accelerating the pace of development in an era of global crisis”, and another event entitled “Empowering Women as Entrepreneurs and Leaders” that will include a group of high-level speakers to discuss how to enhance the economic feasibility of integrating women and achieving equality. The speakers will discuss the role of the public and private sectors. In creating an enabling environment that helps enhance opportunities for women’s empowerment and their full economic participation.
On April 14, three events will be held under the title “The Power of Private Capital in Sustainable Development”, “Stimulating Sustainable and Inclusive Supply Chains” and “Investing in Human Capital to Accelerate the Green Transformation”.
On the sidelines of the Spring Meetings, meetings of the Joint Development Committee and the Fund’s International Monetary and Financial Affairs Committee will be held to discuss the progress achieved in the work of the Bank Group and the International Monetary Fund, as well as the implementation of seminars, sessions and events focusing on the issues of the global economy, international development, and global financial markets.
The Spring Meetings 2023 brings together under its umbrella government officials from the member states of the International Monetary Fund and the World Bank Group, observers and representatives of international, regional and economic organizations, central bank governors and representatives of civil society organizations. .
Also participating in the meetings are senior officials from the private sector, financial institutions, banks, members of parliaments, shura councils, sheikhs, and academics.
