As we heard last month during the MDG Summit at the United Nations, progress has been made but much work remains if we are to come close to halving poverty or reaching other targets we all agreed to in 2000. These issues are very much at the center of the Bank-IMF Annual Meetings this week in Washington.
Making development aid more accountable, transparent and effective is at the heart of this week’s discussions. New partnerships and players are emerging. Donor and client governments, along with their constituents, are demanding measurable results. That said, it is challenging to measure aid when there are multiple channels and types of assistance, from bilateral to multilateral, from loans to trust funds, and the data generated is not always presented in a comparable way.