This report contains the World Bank Group Boards' calendar for the period April to June 2014, specifying the Boards' engagements, such as meetings and briefings.
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This is a statement by Angel Gurría, Secretary-General, OECD, and Erik Solheim, Chair of the Development Assistance Committee (DAC), at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + The international community is set to transition into a critical new phase in its fight against poverty. A number of key issues must be addressed if it is to be successful: disparities between countries must be reduced, as well as a range of inequalities within them. Providers of development co-operation must maintain their commitments on the quantity and quality of the resources they provide, and they must help developing countries mobilise more domestic resources. The OECD is uniquely placed and equipped to support these and other efforts with a number of adapted tools.
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This is a statement by Mr. Takehiko Nakao, President of the Asian Development Bank (ADB), at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He discusses some of the key development challenges in the Asia and Pacific Region and also outlines outline the ADB's proposed strategic directions to help this dynamic region in meeting its changing needs.
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This is a statement by Dr. Ahmad Mohamed Ali, President of the Islamic Development Bank Group (IsDB) at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He discusses the global economy in the post-crisis era, the economic prospects of IsDB member countries, and IsDB Group reponses. Major thematic areas supported by the IsDB Group are the following: fostering inclusive development, supporting agriculture development and food security, addressing youth unemployment, enhancing infrastructure development, Strengthening Economic Cooperation and Integration, and fostering Islamic finance. IsDB Group major initiatives include capital increase, resource mobilization, member country partnership strategy, reverse linkages, trade-related development assistance, Secretariat of the G-8 Deauville Partnership IFI coordination platform, MDGs and post-2015 development agenda, and celebrating 40th anniversary.
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This is a statement by Mr. Mohamed Boussaid, Minister of Economy and Finance of the Kingdom of Morocco, on behalf of the Constituency of Afghanistan, Algeria, Ghana, the Islamic Republic of Iran, the Kingdom of Morocco, Pakistan, and Tunisia at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by Mr. Xiaozhun Yi, Deputy Director-General of the World Trade Organization (WTO) at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + The WTO forecasts world merchandise trade to grow by some 4.7 percent in 2014, developing (including emerging) economies' trade flows still outpacing that of developing countries'. With their imports growing faster than their exports since the financial crisis, developing countries pull the developed countries' recovery, and contribute to reduce global imbalances.
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This is a statement by Luis Videgaray, Secretary Finance and Public Credit, Mexico, on behalf of Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Kingdom of Spain, and República Bolivariana de Venezuela, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He stresses that multilateral coordination is the best asset to face global economic difficulties and to achieve the goals of fostering shared and sustainable prosperity, in order to eliminate extreme poverty by the year 2030.
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This is a statement by Minister Gerd Müller, Federal Minister for Economic Cooperation and Development, Germany, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He discusses globalization with respect to the limits of our natural environment.
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This is a statement by Mr. Guy Ryder, Director-General, International Labour Organization, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by H.E. Ahmed Bin Mohammed Al-Khalifa, Minister of Finance, Kingdom of Bahrain, on behalf of Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syria, United Arab Emirates, Yemen, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He emphasizes sustainable development and slow growth shared within and between member countries.
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This is a statement by Dr. Arvind Mayaram, Alternate Governor, India, representing the Constituency of Bangladesh, Bhutan, India and Sri Lanka, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He discusses the post-2015 development agenda, the WBG change process, the IDA 17 replenishment, and disaster risk management. He proposes the following three areas of emphasis for poviding transformational, innovative csolutions to the challenges facing the WBG: i) agriculture and food security, ii) infrastructure, and iii) urbanization.
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This is a statement by Mr. Gunnar Bragi Sveinsson, Minister for Foreign Affairs, Iceland, on behalf of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He discusses social inclusion and human rights, a foundation for shared prosperity, gender equality as a right in itself and as smart economics, environmental sustainability, and natural resources.
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This is a statement by Mr. Pravin J. Gordhan, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + The report states the improvement of economic prospects and growth in high-income countries; the progress made to date in aligning the institution to achieve the goals endorsed by governors at the last spring meetings; International Development Association's (IDA's) strong and more targeted investments in regional transformational projects in Sub-Saharan Africa (SSA) as an important component to shaping the future of sustainable growth on the continent; and the progress report on the implementation of the recommendations of the Sendai report and commend the increased integration of disaster risks management (DRM) into policy and investment operations, as well as in country partnership strategies across the Bank Group.
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This is a statement by Mr. Koen Geens, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014. The report states growth in the post-crisis global economy: policy challenges for developing countries; and mainstreaming disaster risk management in World Bank Group operations.
... See More + It recognizes the efforts deployed in incorporating disaster risk management into the new country partnership framework model, thereby better informing policy and investment decisions.
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This is a statement by Mr. Mitsuhiro Furusawa, Vice Minister of Finance, International Affairs at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He emphasises on: the International Development Association's( IDA's) role of providing valuable development expertise, as well as on the effect that loan programs from IDA to its client countries urge to pursue sound and responsible macro-economic policy that enables to pay back debts in a timely manner; and Japan's emphasis on support for infrastructure development, the formulation of development policies, and technical assistance for human resource development. He also traces Japan's emphasis on assistance in disaster risk management, global environmental issues, and healthcare, as it pays attention to factors that can impede inclusive and sustainable growth.
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This is a statement by Mr. Guido Mantega, Minister of Finance, Brazil on behalf of Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname and Trinidad and Tobago at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + The World Bank Group (WBG) support and urge to continue to be the multilateral platform for all regions in their paths of inclusive development. In this sense, the Brazilian-World Bank partnership through the creation of a knowledge hub in Brazil is serving as an important facilitating platform for knowledge sharing. The new country partnership framework (CPF) should continue to be a document establishing guidelines for the engagement of the WBG and client countries.
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This is a statement by Mr. Alberto Arenas, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He states that the developing countries are facing new challenges to secure World Bank Group (WBG) twin goals: to end extreme poverty and promote shared prosperity. The developed world has shown signs of recovery reflected, for example, by improvements in economic growth and business confidence, and reduction in unemployment rates.
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This is a statement by Honourable Joe Oliver, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + The World Bank Group has an instrumental role to play in helping developing countries manage the post-crisis transition and in maintaining the recent momentum in poverty reduction. Over the last year, it has undertaken a number of internal reforms to better position itself to respond to the evolving and uncertain external environment. He states to support the Bank in five key areas: maternal and child health; long-term financing for infrastructure and private sector for development; agriculture and nutrition; meeting the needs of small states; and strengthening the Bank's financial capacity.
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This is a statement by Mr. Yaobin Shi, Vice Minister, Ministry of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He states that the international community should pay more attention to development, transfer more resources to developing countries, and provide stronger support for their economic growth, so as to inject lasting dynamism to sustain global economic development. The Bank Group should help channel capital inflows into real economy, by working across its institutions and with development partners, and fully utilize its global convening powers and comparative advantages in resources mobilization, financial innovation, and projects development.
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This is a statement by Mr. Hon Steven Ciobo, Parliamentary Secretary to the Treasurer of the Commonwealth of Australia at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... See More + He states that the growth in high income countries is slowly showing signs of improvement, but the external environment for many countries remains uncertain. The tightening of fiscal and monetary policy in the developed world remains necessary in order to restore balance following the period of post-crisis stimulus. However, this may lead to short-term volatility and, over time, tighten access to capital for many countries, including those represented in constituency. In this context, it is important for all countries to renew commitment to the reforms required to reduce vulnerabilities and spur growth.
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