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World Bank and IMF Hold 82nd Annual Meetings in Bangkok

Bangkok:Proceedings for the 82nd Annual Meetings of the World Bank and the International Monetary Fund began on Monday in Bangkok, Thailand, with Angola in attendance.

According to Angola Press News Agency, the event, which runs from October 12th to 18th, is themed "Thailand's New Horizons Empowering People, Building Resilience." Angola's delegation is led by the Secretary of State for Planning, Luís Epalanga, and includes several high-ranking officials such as the Governor of the National Bank of Angola, Manuel Tiago Dias, and the Secretary of State for Finance and Treasury, Ottoniel dos Santos.

World Bank Group President Ajay Banga emphasized the potential of simple artificial intelligence solutions to enhance productivity and create jobs in developing countries. He stated that promoting these applications is a priority for the World Bank and the Global Jobs Council, which focuses on the effects of economic and technological changes on the labor market.

Participants, including leaders from business, investment sectors, and young people, are discussing artificial intelligence, job transformation, skills, entrepreneurship, and innovation as tools for unlocking new opportunities. The policies required to prepare youth for a rapidly changing global economy are also on the agenda.

The official schedule features the G24 Ministerial Meeting, the African Caucus with World Bank and IMF leadership, and meetings between African Governors and the World Bank President, among others. The meetings will address private capital mobilization, job creation, technological innovation, and economic resilience as key topics for fostering more inclusive development.

Thailand hosts the Annual Meetings for the second time, the first being in 1991. Angola, a member of the World Bank and IMF since 1989, continues to strengthen its relationship with these institutions through programs aimed at improving management, refining investment mechanisms, and promoting economic and social growth.

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