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Opening Plenary: Annual Meetings 2009

 
Opening Plenary
Annual Meetings 2009
Overview:

Today in Istanbul, Bank President Zoellick pledged a broad range of reforms to keep his institution up to date in a rapidly changing world. Zoellick spoke at the start of the annual Bank-Fund meetings in Turkey.

RELATED LINKS:

  • Blog: Annual Meetings in Istanbul
  • Photos
  • Zoellick Speech: 'The World Bank Group Beyond the Crisis'
  • Release: Bank Reforming to Meet New Challenges
  • ISTANBUL, TURKEY, OCTOBER 6, 2009—World Bank President Robert Zoellick told delegates from all over the globe that his institution needs to be more nimble and efficient in order to best serve developing countries. 

    Zoellick says the world has changed since the creation of the World Bank 55 years ago.
    To that end, Zoellick pledged to give developing countries a larger voice in the Bank’s operations…up to 47 percent of the vote.

    He also says developing countries could become an important engine for growth that could create a more balanced global economy.

     


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