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Statement by Hartwig Loger at the 99th meeting of the Development Committee held on April 13, 2019 (English)

This is a statement by Mr. Hartwig Löger, Minister of Finance,Austria at the ninety-ninth meeting of the Development Committee held on April 13, 2019. He spoke about the need for the World Bank Group (WBG) to step in and assure implementation of credible reform agendas that offset the potential economic slowdown.The WBG should continue supporting members countries with its lending and advisory services on delivering these reforms. He call on the WBG to continue its engagement to address the root causes of forced displacement and mass international migration by contributing to the improvement of the life and work conditions in the places of origin. He welcome the progress made in implementing the Forward Look and the IBRD-IFC Capital Package. He closely followed the evolution of IFC’s organizational structure and are pleased to see the stronger presence of IFC’s regional teams as well as its increased focus on Fragile and Conflict-affected States (FCS). He believe the Bank’s approach should be to support the growing number of innovative young entrepreneurs and to call for incorporating leadership soft skills and digital skills into education systems, as these are key skills of the future.He want succeed in our efforts to make life better for all people around the world and need to enhance international collaboration and coordination continuously.

Details

  • Document Date

    2019/04/13

  • Document Type

    Board Report

  • Report Number

    136204

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2019/04/16

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2019-04-13T00:00:00Z

  • Doc Name

    Statement by Hartwig Loger at the 99th meeting of the Development Committee held on April 13, 2019

  • Keywords

    global financial; Social Safety Nets; Fragile and Conflict Situations; conflict and violence; disruptive technology; global economy; private debt; trade integration; private source; conflict and fragility; education and health; mitigating climate change; debt management practice; private sector solution; access to finance; place of origin; adequate risk management; regional trade agreement; international financial institution; mobilization of finance; human capital; Climate Risk; migration flow; project selection; multilateral efforts; education systems; vulnerable countries; inclusive growth; organizational structure; productivity growth; shared benefit; sustainable capacity; ongoing conflicts; reducing transaction; skill set; business model; global development; mitigating risk; recruitment effort; digital skills; water scarcity; gender diversity; economic slowdown; credible reform; Advisory services; rising inequality; soft skills; forced displacement; secure employment; investment growth; international collaboration; Economic Policy; trade tensions; risk appetite; accountability mechanism; global growth; digitalization

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Citation

Statement by Hartwig Loger at the 99th meeting of the Development Committee held on April 13, 2019 (English). Development Committee Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/105511555524160932/Statement-by-Hartwig-Loger-at-the-99th-meeting-of-the-Development-Committee-held-on-April-13-2019