Statement by H.E. Ahmed Bin Mohammed Al-Khalifa at the 96th meeting of the Development Committee held on October 14, 2017 (Anglais)
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This is a statement H.E. Ahmed Bin Mohammed Al-Khalifa, Vice Minister of Finance for International Affairs, Kingdom of Bahrain at the 96th meeting of the development committee held on October 14, 2017. He reaffirm our commitment to deepen our efforts ... Voir la suite
This is a statement H.E. Ahmed Bin Mohammed Al-Khalifa, Vice Minister of Finance for International Affairs, Kingdom of Bahrain at the 96th meeting of the development committee held on October 14, 2017. He reaffirm our commitment to deepen our efforts to reduce extreme poverty and promote shared prosperity through policies that preserve macroeconomic stability, promote inclusive growth and create economic opportunities, particularly for youth and women.These objectives will require enhanced collaboration with our development partners, including the WBG, encompassing both financial and technical assistance. Going forward, realization of the twin goals and development objectives, exemplified by the sustainable development goals (SDGs), will require substantial resources.He commend the WBG for intensifying its pledge towards supporting the 2030 = Development Agenda, as demonstrated by the strategies framed within the Forward Look, thereby reinforcing the strategic role of= the WBG. He believes that the WBG should sustain efforts to ensure that its operations and business models are aligned with the growing demand for its services, while maintaining focus on its corporate goals. He illustrates that their are in full agreement that the WBG needs to work across the spectrum of all client segments, while ensuring financial sustainability. The WBG's capacity to deliver to clients, in a timely and efficient manner, needs to be boosted, particularly with the strengthened focus on low income and fragile countries stemming from the considerable increase in IDA18 resources. He recognize the strong progress of the WBG’s private finance mobilization efforts towards the realization of the “Billions-to-Trillions” agenda.He believes that what is required today is the ability to convene all development partners, donors, IFIs and private investors, leveraging the comparative advantage and various products of each stakeholder, in order to package large transformational projects, and overcome capacity constraints of individual entities.Finally, with regards to the topic of the WDR 2018, namely the focus on learning and the link to quality of education is the most critical issue beyond access to education.He focus the most important question is how will institutions like the World Bank Group work together and leverage resources while applying innovative and flexible instruments to present regions like MNA with new solutions that could yield better and more transformational impact than in the past.
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