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World Bank, IMF to release report on MDGs

By Julius Businge

The World Bank in partnership with the Economic Policy Research Centre (EPRC) will on May 3 give an update on the world’s progress towards achieving the Millennium Development Goals (MDGs).

The event will be held at Makerere University.


The report, titled Global Monitoring Report (GMR) is jointly produced by the World Bank and International Monetary Fund (IMF).

It outlines prospects for the attainment of the MDGs and assesses the support of the international community.

A statement released by the World Bank on May 2 says the development community aims at achieving as many MDGs as possible before 2015.

This GMR highlights those MDGs that are lagging in progress and consequently need additional attention, while pointing out that accelerating toward attainment of one MDG will likely provide positive spillovers to the attainment of others.

The theme of GMR 2013 is rural-urban disparities in development and ways urbanization can better help achieve the MDGs.

Vandana Chandra, World Bank, the senior economist and one of the principal authors of the GMR, will discuss key findings and recommendations in the report among other discussants.

The forum will be opened by Ahmadou Moustapha Ndiaye, the World Bank country manager for Uganda.

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