IMF, World Bank face tough task at Tokyo
11 Oct 2012 7:04 AM IST
Finding ways to boost the slowing global economy and helping poor nations fend off financial shocks will be on the agenda at meetings this week of the International Monetary Fund and World Bank in Tokyo. Upwards of 15,000 people are expected to converge on the Japanese capital and the city's downtown Tokyo International Forum for a slew of conferences and symposiums.
While the event officially began on Tuesday, the gathering's highlight comes on Friday at a plenary meeting with representatives from the Washington-based institutions' 188 member states.
IMF head Christine Lagarde and her World Bank counterpart Jim Yong Kim will air their views on the global economy, which the IMF warns is slowing markedly, and address issues such as stabilising volatile food prices. The focus will be on 'building resilience against crises and giving voices to developing countries', World Bank vice president Cyril Muller said.
ON THE AGENDA
While the event officially began on Tuesday, the gathering's highlight comes on Friday at a plenary meeting with representatives from the Washington-based institutions' 188 member states.
IMF head Christine Lagarde and her World Bank counterpart Jim Yong Kim will air their views on the global economy, which the IMF warns is slowing markedly, and address issues such as stabilising volatile food prices. The focus will be on 'building resilience against crises and giving voices to developing countries', World Bank vice president Cyril Muller said.
ON THE AGENDA
- Upwards of 15,000 people are expected to converge on the Japanese capital and the city’s downtown Tokyo International Forum for a slew of conferences and symposiums
- IMF head Christine Lagarde and her World Bank counterpart Jim Yong Kim will air their views on the global economy
- The Tokyo meetings were originally supposed to usher in governance reforms passed two years ago
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