Amid war, IMF-World Bank confab juggles equal parts relief, dread

Analysis-IMF/World Bank meetings leave developing countries with more questions than answers

By Andrea Shalal and David Lawder BANGKOK, Oct 18 (Reuters) - Last week's meetings of the International Monetary Fund and World Bank yielded no new answers for the developing world to the questions posed by a spreading Middle East war, continuing war i...

IMF and World Bank meetings leave developing countries with more questions than answers

The recent discussions at the International Monetary Fund and World Bank left developing nations feeling uncertain about their futures. Delegates raised alarm over growing debt, inflation, and the burgeoning influence of artificial intelligence, but found themselves without significant solutions. These urgent concerns, alongside geopolitical issues and diminishing aid, paint a challenging landscape for low-income countries as both organizations …

Amid war, IMF-World Bank confab juggles equal parts relief, dread

The annual meetings of the International Monetary Fund and World Bank are being held in Bangkok this year against a backdrop of equal parts relief and dread.In her curtain-raising speech, IMF head Kristalina Georgieva said the global economy had navigated through serial shocks with “remarkable agility,” and that the meeting would focus on energy prices, high government debt, and the rise of AI. The relief comes from the resilience of the global …