Caribbean Broadcasting Corporation

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World economy showing remarkable resilience

October 6, 2023

The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at their upcoming annual meetings in Morocco next week.

The matter is one Barbados Prime Minister Mia Amor Mottley has been pushing for to address the challenges posed by the growing effects of climate change worldwide.

This year’s gathering of world leaders takes place in the city of Marrakesh, just weeks after a devastating earthquake in the region that killed thousands.

IMF Managing Director Kristalina Ggeorgieva during a speech in Abidjan in the Ivory Coast says the world was heading into the annual meetings in much better economic shape than many analysts had predicted.

Ms Georgieva advised a prosperous world economy in the 21st century requires a prosperous Africa.

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