As the World Bank nears its deadline to implement reforms and be “fit for purpose” by July 1, the bank’s spring meetings last week provided an opportunity for all stakeholders to address the state of efforts made so far.
Finance ministers from around the world who met over the weekend at the institution’s headquarters in Washington, D.C., gave the bank’s management lukewarm support in its official statements.
As the implementation date for reforms approaches, it has become clear the real work is still ahead.