Remarks at the Opening Press Conference at the 2018 Spring Meetings

Abstract

Jim Yong Kim, President of the World Bank Group, discussed a few items that are on the agenda for at these meetings. He launched the latest edition of our Global Findex financial inclusion database, which tracks how people use financial services. The World Bank Group is dedicated to ending poverty wherever it exists in client countries. He mentioned two specific initiatives to support that effort: first, a significant of new financial innovation; and second, to review all possible options to enhance IBRD and IFC's financial capacity and develop a package of measures for governors' consideration. He believes a good case for how a stronger World Bank Group can meet the aspirations of shareholders, respond to global challenges, mobilize capital at scale, and make the institution even more efficient and effective.