10. Speeches of World Bank Presidents [collection under construction]

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Region: Middle East and North Africa × Subject: BANK ×

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    Remarks at MENA Stakeholders Event, Lima, Peru, October 10, 2015
    ( 2015-10-10) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group discusses conflicts that have caused a devastating amount of violence and destruction, severely affecting the livelihoods of millions of people, and creating destabilizing effects at the global level. He talks about the World Bank Group's new strategy to support recovery and reconstruction efforts in the Middle East and North Africa. He speaks about blending grant resources from donors with lending from multilateral development banks in order to provide concessional-level financing to middle-income countries that are hosting refugees. In conclusion he said that we must work together to mobilize support for the millions of children, women, and men who are victims and hostages of war, and to demonstrate our common commitment to help them survive these conflicts, and create a better life once the guns fall silent.
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    Opening Press Conference at the IMF-World Bank Spring Meetings, April 10, 2014
    ( 2014-04-10) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group, notes that the developing countries will have to grow at a pace stronger than any time in the past 20 years to achieve the goal of ending the extreme poverty by 2030. He talks about the need for growth that is inclusive, creates jobs, and assists the poor directly. He calls for ensuring economic growth in the years ahead that is sustainable and takes us off the destructive path of climate change. He focuses on providing the best services possible in countries by keeping a strong presence in country offices and by providing global solutions to local problems. He is optimistic that countries and their partners will take it on, seize this opportunity and erase this stain of extreme poverty from our collective moral conscience once and for all. He fielded questions about China urbanization, Russo-Ukrainian tensions, Ghana’s dependence on the U.S. market, quality versus quantity of development aid, Middle East prospects, World Bank programs in Egypt, poverty in Paraguay, increased fees for advisory services, use of financial intermediaries, and climate change.
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    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.