World Bank President Jim Yong Kim visits a social protection project in Rwanda. Photo by: Sarah Farhat / World Bank / CC BY-NC-ND

The World Bank Group is gearing up for its annual meetings, held together with the International Monetary Fund in October. Every third year, the meetings are hosted by a member country — this time, it’s Indonesia. For the bank, ending extreme poverty and boosting shared prosperity continue to be overarching goals.

Catch up on last year’s World Bank Annual Meetings

A flurry of debate about the future of multilateral development cooperation, the influence of China, climate change, and a host of other vital issues.

The annual meetings are paramount in bringing together a large number of member country officials along with other stakeholders such as central bankers, civil society, private sector representatives, and academics to deliberate on critical global affairs such as economic development, aid effectiveness, climate change, global financial stability, and poverty eradication. Borrowing countries, executing agencies, and project implementers will be looking at the outcomes of the meetings as a main indicator of where the bank will be investing in the near future.

About the author

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    Ashima Bali

    Ashima Bali is a chartered accountant from the Institute of Chartered Accountants of India. In order to apply her finance skills toward social development, she completed a two-year master's in public policy from Sciences Po, Paris. Her expertise lies in both traditional corporate finance and non-traditional finance, such as blended and innovative finance for development. She has worked in blended finance with organizations such as OECD and the European Investment Bank.