Annual meetings of the IMF and World Bank

ILO: The world economy needs a new engine of economic recovery

16 October 2020

In written statements to the annual meetings of the IMF and the World Bank, ILO Director-General Guy Ryder warned against higher levels of poverty and inequality resulting from the COVID-19 crisis. Highlighting the urgent need for social protection for all, he called for profound structural changes to build back better and faster.