• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • World Bank Annual Meetings 2023

    World Bank-IMF meetings: A start, but still a long way to go

    The broad consensus after last week’s World Bank and International Monetary Fund annual meetings — held for the first time in Africa in 50 years — seemed to be that the bank is making a good start on a long and very hard journey.

    By Sophie Edwards // 17 October 2023

    Some progress but a very long way to go — that seemed to be the broad consensus after last week’s World Bank and International Monetary Fund annual meetings held in Africa for the first time in 50 years.

    Ministers, civil society groups, experts, the media, and others met in Marrakech, Morocco, for the annual talks, amid a backdrop of escalating conflict between Israel and Hamas, ongoing war in Ukraine, soaring food prices, increasing climate disasters, debt distress, slowing economic growth, and record inflation, according to the latest IMF outlook.

    Despite the gloomy prospect, the meetings saw some wins, with the World Bank's governing board endorsing a new vision statement — to "create a world free of poverty on a liveable planet" — which broadens the bank’s anti-poverty mission to include tackling climate change.

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in

    More reading:

    ► Ajay Banga: An early progress report on the World Bank president

    ► Civil society groups want free money, not more World Bank-IMF lending

    ► Banga vows to improve World Bank before asking for a capital increase

    • Banking & Finance
    • Economic Development
    • Funding
    • IMF
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Sophie Edwards

      Sophie Edwards

      Sophie Edwards is a Devex Contributing Reporter covering global education, water and sanitation, and innovative financing, along with other topics. She has previously worked for NGOs, and the World Bank, and spent a number of years as a journalist for a regional newspaper in the U.K. She has a master's degree from the Institute of Development Studies and a bachelor's from Cambridge University.

    Search for articles

    Related Stories

    World Bank Spring MeetingsSpecial edition: The World Bank Spring Meetings go quiet on climate

    Special edition: The World Bank Spring Meetings go quiet on climate

    World Bank Spring MeetingsWhat to watch at the 2025 World Bank-IMF Spring Meetings

    What to watch at the 2025 World Bank-IMF Spring Meetings

    World BankWorld Bank under Trump: What’s next for US influence and funding?

    World Bank under Trump: What’s next for US influence and funding?

    World Bank Spring MeetingsClimate goals quietly survive at the World Bank despite Trump tensions

    Climate goals quietly survive at the World Bank despite Trump tensions

    Most Read

    • 1
      How low-emissions livestock are transforming dairy farming in Africa
    • 2
      The UN's changing of the guard
    • 3
      Lasting nutrition and food security needs new funding — and new systems
    • 4
      The power of diagnostics to improve mental health
    • 5
      The top local employers in Europe
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement