The World Bank and International Monetary Fund annual meetings are taking place at a pivotal moment, with conflict, climate shocks, and economic uncertainty exposing deep fault lines in how global development is financed.
With traditional aid models under pressure and global debt levels rising, the scale of investment needed far exceeds public budgets.
The summit is confronting fundamental questions about the future of development finance. From how countries manage mounting debt while investing in the future to the role of multilateral institutions in mobilizing private capital, at stake is the very future of how global resources are raised, directed, and deployed to address critical challenges.
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About the author
Thomas Cserep
Thomas Cserép is an Associate Editor who manages and oversees Devex's social media presence, coordinates Devex’s audience outreach, and produces the This Week in Global Development podcast. Prior to Devex, he worked as a freelance journalist, with his writings appearing in a variety of publications, including Get Spanish Football News and the magazine of the Hungarian Geographic Society.
