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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

Debt will overshadow IMF gathering as World Bank boss pleads for poorest countries

International Monetary Fund World Bank Ajay Banga Rachel Reeves Washington D.C. DfI United Kingdom
World Bank president Ajay Banga poses for a portrait at the World Bank headquarters on 17 October.
World Bank president Ajay Banga poses for a portrait at the World Bank headquarters on 17 October. Photograph: Brendan Smialowski/AFP/Getty Images

Debt, and why governments need to reduce it, will top the agenda at this week’s annual meetings of the International Monetary Fund and World Bank in Washington.

Finance ministers and central bank governors from around the world will gather in the US capital alongside thinktank and charity bosses to discuss the state of the global economy and its ability to generate a higher standard of living.

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