Development Committee calls for “robust” replenishment of IDA, the World Bank’s Fund for the Poorest
WASHINGTON, April 20, 2013 – The Development Committee on Saturday endorsed the World Bank Group’s goal to end extreme poverty within a generation as “ambitious”, saying that this endeavor by the Bank was a “historic opportunity” to make a difference. The Committee equally confirmed the Group’s vision to promote shared prosperity and added these goals must be achieved without jeopardizing the environment, magnifying economic debt or excluding vulnerable people.
World Bank Group President Jim Yong Kim, who pushed this twin-pronged approach in his speech two weeks ago, welcomed the Committee’s support.
See full Press Release: Historic Goals to End Extreme Poverty Endorsed by World Bank Governors
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