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October 22, 2021: The 2021 World Bank Group – IMF Annual Meetings

Looking back on last week's 2021 World Bank Group - International Monetary Fund Annual Meetings, I would here like to quickly review some of my related engagements:

 

Thursday, September 30

 

 

 

 

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Tuesday, October 12

 

  • Remarks to the COP 15 Conference on Biodiversity

 

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Thursday, October 14

 

  • Annual Meetings 2021: IMFC Meetings

 

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  • Meeting with the Bretton Woods Committee

 

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Friday, October 15

 

 

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Tuesday, October 19

 

 

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Thursday, October 21

 

  • Annual Meetings 2021: "Tackling Financial Fragility for an Equitable Recovery"

 

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During our meetings, I was pleased to meet with President Ivan Duque of ColombiaSecretary Rogelio Ramírez de la O of MexicoSecretary Janet Yellen and Special Envoy John Kerry of the United StatesDeputy Minister Masato Kanda of JapanDeputy Prime Minister Nam-Ki Hong of the Republic of Korea (ROK)Minister Bruno Le Maire of FranceMinister Paulo Guedes of BrazilMinister Sri Mulyani of Indonesia,  Minister Lütfi Elvan of TurkeyDeputy Prime Minister Alexei Overchuk and Ambassador Anatoly Antonov of RussiaAsian Development Bank (ADB) President Masatsugu AsakawaBlackRock CEO Larry FinkMinister Nirmala Sitharaman of IndiaMP Vicky Ford of the United KingdomUN Special Envoy Mark CarneyMinister Luhut Pandjaitan of IndonesiaPrime Minister Patrick Achi of Côte d'IvoireDirector General Rafael Grossi of the IAEA, and several other officials and leaders. My thanks to all who attended our meetings.

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Throughout this year's Annual Meetings, I have stressed the urgency of the issues we face.

It is clear that the COVID-19 pandemic has triggered a stark reversal of development gains. Development is going backwards on poverty, median income, education, nutrition, security and many other areas.

As countries work to recover, the World Bank Group's International Development Association (IDA) provides a huge boost to growth and development - an ambitious and successful IDA20 replenishment can do much to help better outcomes for countries around the world, and I am looking forward to the final IDA20 replenishment round in Tokyo this December.

To avoid a "lost decade" it is urgent that we act now to address the most pressing issues affecting global inequality: debt, vaccines, and climate. Over the next few weeks, I look forward to attending the G20 and COP26 summits for further discussions on these important issues.

This post was originally published on LinkedIn


Authors

David Malpass

Former President, World Bank Group

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