Annual Meetings 2024 Wrap-up – Don’t Look Back: BWIs Plough Down Path of Reforms Lacking Evidence and Willingness to Engage with Broader UN-led Reform Processes

The 2024 World Bank and IMF Annual Meetings proved to be another missed opportunity for meaningful reform of the international financial architecture

The Annuals main topics of discussion – the Bank’s Scorecard launch & IMF’s charges review – showed a palpable gap between talk about BWIs reform and the very real struggle to pass incremental changes

The IFIs are struggling with an identity crisis, with the Bank focused on serving private sector interests and the IMF failing to achieve its mandate of providing an international safety net for its vulnerable members.

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