Source: Republic of South Africa (video statements)
H.E President Cyril Ramaphosa receives H.E President Félix Tshisekedi of the Democratic Republic of Congo (DRC) for a working visit at Mahlamba Ndlopfu, the President’s official residence in Pretoria.
Source: International Monetary Fund – IMF (video statements)
Productivity is the foundation of prosperity. Technological breakthroughs, globalization, and financial innovation have lifted productivity over the past half century, yet these advances have disrupted pathways to prosperity for the middle-class, and widened income gaps between groups and regions. More recently productivity growth has remained stubbornly weak—slower gains in total factor productivity account for more than half the deceleration in economic growth since the global financial crisis.
Today, further transformations in digital technologies and artificial intelligence hold the promise of another leap in efficiency—but without the right policy frameworks, these advances risk deepening existing divides. This seminar will explore how to ensure that the next wave of innovation translates into broad-based growth where people and regions share in the productivity dividend.
Source: International Monetary Fund – IMF (video statements)
Ongoing trade policy shifts and elevated uncertainties are disrupting the previous rules-based order and reshaping the global economy. While tariff agreements have lowered effective rates from their April 2025 highs, policy uncertainty remains acute. The world’s economies, institutions, and markets are adjusting to a shifting landscape, adding to the already complex tradeoffs and challenges posed by weak medium-term growth prospects, dwindling fiscal space, ongoing structural transformations, and heightened spillover risks.
This seminar will explore how policymakers should recalibrate macroeconomic policies to ensure resilience and rekindle growth as the global economy reshapes. The discussion will begin by exploring the current global economic outlook and the main sources and implications of elevated uncertainty. The seminar will also explore how countries’ economic resilience has evolved and consider how countries can step up actions to withstand future shocks and lift growth prospects including through adjustments to policy frameworks, macroeconomic policy settings, and structural reforms
Source: International Monetary Fund – IMF (video statements)
Annual Meetings Chairman, Olavo Avelino Garcia Correia, Vice Prime Minister and Minister of Finance of Cabo Verde , World Bank Group President Ajay Banga, and Managing Director of the International Monetary Fund Kristalina Georgieva speak at the October 17th plenary session of the Annual Meetings in Washington D.C. This event can be watched on World Bank Live.