World Bank, IMF annual meeting to start in Washington
Overshadowed by international crises, the International Monetary Fund and the World Bank annual meeting will start on Monday in the U.S. capital, Washington.
The meeting brings together finance ministers, representatives from the financial sector and development cooperation, and central bankers.
The discussions, set to run until Sunday, are expected to address, among other issues, a looming debt crisis in lower-income countries, climate change and poverty alleviation.
As part of the meeting, the IMF also plans to present a new forecast for future growth in the global economy on Tuesday.
IMF head Kristalina Georgieva said last week that the outlook for the world economy in the medium term was lacklustre, not sharply lower than pre-pandemic, but far from good enough.
Participants from Germany included Finance Minister Christian Lindner and Bundesbank President Joachim Nagel.
(dpa/NAN)
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