D. Speeches by Paul Wolfowitz (2005-07)

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Paul Wolfowitz served as 10th President of the World Bank Group from 2005 to 2007.

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  • Publication
    Remarks at Liberia Partners Forum, Washington DC, February 13, 2007
    (2007-02-13) Wolfowitz, Paul
    In his opening remarks, President of the World Bank, Paul Wolfowitz said that the international community needs to do much more and faster and take advantage of this unique opportunity that Liberians have now, after 25 years of instability, to take control of their destiny. Liberia’s $3.7 billion debt is clearly unsustainable and an unacceptable burden. He called on the international community to work together to clear the arrears so that the country can move forward. He paid tribute to what he terms as the “inspirational leadership of Ellen Johnson Sirleaf,” and added that this new hope must not be allowed to fade away. He said that “Those who remember the horror of the past can hardly imagine that Liberia has now become a place of hope.
  • Publication
    Lebanon Donors Conference--Paris III
    (2007-01-25) Wolfowitz, Paul
    Paul Wolfowitz, President of the World Bank, remarked that Lebanon stands at a critical crossroad in the wake of the war in the previous summer. Lebanon now needs to go beyond reconstruction. He reviewed the implementation of the Lebanese Government’s economic and social reform program. The World Bank Group is providing financing support in three areas: first, the unprecedented step of providing grants from World Bank Group income for recovery and reconstruction. Second, the International Finance Corporation will provide 250 to 275 million dollars in financing for Lebanon’s financial and business community, including a guarantee program for small and medium-sized enterprises and a trade finance facility. Third, the Bank extended up to 700 million dollars in IBRD financing to support the implementation of the Government’s program, particularly its efforts to stimulate growth and to meet the needs of the poorest and most vulnerable elements of the population. The Bank is prepared to continue and intensify efforts in assisting the Government to implement its programs, to build institutional capacity, to improve procurement and financial management to undertake sector reforms, with a particular focus on those sectors such as power, which are key to the overall success of the program.The people of Lebanon have called on the world to help revive their economy. We have an opportunity to restore hope and stability that the Lebanese people and their children so deeply deserve.
  • Publication
    On the Occasion of Georgia's Second Anniversary of the Rose Revolution
    (2005-11-22) Wolfowitz, Paul
    Paul Wolfowitz, President of the World Bank, celebrated the second anniversary of the Rose Revolution in Georgia. He spoke about the evidence of reduced corruption in Georgia. Georgia had the second largest improvement in performance last year of any country in the world. In transforming its own society, Georgia sets an example for the region. He assured that Georgia can count on the World Bank Group as a committed partner. Finally, he concluded by saying that Georgian determination which shined so brightly in the Rose Revolution will continue to be a beacon supporting the Georgian ideals of freedom and prosperity.