Joint Statement of the IMF Managing Director and of the World Bank … – International Monetary Fund

September 7, 2023

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund, and Ajay Banga, President of the World Bank issued today a joint statement:

The world confronts significant economic challenges, the existential threat of climate change as well as a digital transition, all in the context of more frequent shocks, high debt levels, limited policy space in many countries and rising geopolitical tensions. Well-designed and appropriately sequenced policies are critical to help accelerate growth, alleviate policy trade-offs, and support the green and digital transitions. The Bretton Woods institutions have a critical role to play to help member countries address the challenges and leverage the opportu…