October 2023 – (Marrakech), O. Weretelnik (PhD) participates in the 2023 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Marrakech, Morocco, as a member of the delegation from Institut de diplomatie publique.
The Annual Meetings serve as a platform for finance ministers, agency heads, central bank representatives, NGOs, and academics from around the world to convene and discuss global concerns.
Key topics include the world economic outlook, development, and responses to climate change.
The meetings focus on fostering balanced, resilient, and inclusive global economic growth; controlling inflation and maintaining price stability; promoting transformative reforms to tackle global economic challenges; eradicating poverty; and responding effectively to climate change.
We at the INSTITUT DE DIPLOMATIE PUBLIQUE / INSTITUTO DE DIPLOMACIA PUBLICA look forward to the multilateral development banks’ reform agenda with its strong emphasis on partnerships (SDG 17) and the prospects of working together more to build global collective resilience and multilateralism.
Severe shocks are becoming the new normal for a world that is weakened by weak growth and economic fragmentation, Kristalina Georgieva said at the launch her Global Policy Agenda.
The managing director’s four policy priorities:
Winning the fight against inflation
Safeguarding financial stability
Restoring fiscal room
Boosting medium‑term growth
Global Policy Agenda: Read here
As she set out her four policy priorities, the IMF managing director said far too many countries and communities are affected by natural disasters and, worse, by wars that cause tragic loss of civilian lives and tremendous suffering.
“We have to stand firm against the forces that divide us,” Georgieva said. “In a more shock‑prone world, we need each other even more.”
Ajay Banga, the World Bank Group
President, delivered a landmark speech on the new mission and vision of the institution. To create a world free of poverty will require a new playbook, expanded financial capacity, stronger partnerships and collaboration with the private sector, he said.
Dr. O. Weretelnik held separate meetings with representatives of NGOs, academia, business, media, government, parliamentarians.
They engaged in discussions covering various issues, such as the global economic situation, the international landscape, climate change response and development.