The World Bank has launched a new website that allows users to track progress toward 12 of the institution’s key targets, including process simplification, citizen engagement and knowledge sharing with clients.
The targets are part of President Jim Kim’s ambitious reform process, which kicked into high gear this July with the launch of several “global practices” and will face perhaps its most public review to date next month in Washington, D.C., during the annual meetings of the World Bank Group and the International Monetary Fund.
Arriving at the targets — which also address revenue growth, fragile states, energy and environment — “was not a trivial process,” Kim told a small circle of reporters Monday. The process has helped employees at the bank discuss how to measure progress toward achieving the new twin goals of eliminating extreme poverty and boosting shared prosperity.