The Millennium Development Goals (MDGs) and the Monterrey Consensus have created a powerful global compact for development. But the continued credibility of this compact hinges on fostering momentum in its implementation. With the five-year stocktaking of the implementation of the Millennium...

The World Bank Annual Report for 2003, reviews the strategy and action pursued by the Bank, based on the Strategic Framework, and Strategic Directions (and Management Action Plan), focused on meeting the development challenges embodied in the Millennium Development Goals (MDGs). To this end, the...