WASHINGTON, D.C., April 13 – World Bank-IMF meeting. call for organizational reform cope with poverty Prevent the global financial crisis to member countries
Mr. Arkhom Termpittayapaisith Minister of Finance As the governor of the World Bank of Thailand Representing the South East Asia Voting Group (SEAVG) at the 107th World Bank Development Committee Meeting in Washington, D.C. Spring Meetings of the World Bank and International Monetary Fund. D.C., USA, with participants including Mr. David Malpass, President of the World Bank, Mrs. Kristalina Georgieva, Managing Director of the International Monetary Fund. and the World Bank Governors of 25 voting blocs representing 189 member states. The theme of the meeting was “Evolution Roadmap to Enhance Its Capacity to Respond to the Overlapping Crises.”
The forum exchanged views on poverty alleviation. Increasing the role of the World Bank in helping member countries addressing multidimensional economic and social challenges both climate change food security epidemic risk Conflict and violence in society The World Bank has prepared an Evolution of the World Bank Group proposal, reforming the structure of the World Bank’s operations. Increasing the capacity to provide financial assistance to member countries. maintaining financial stability Promotion of private funding and financial innovation development
The meeting urged the World Bank to adopt a stronger corporate governance model. To prepare for many crises and challenges that the world is facing. The World Bank should develop financial tools. To meet the rapidly increasing financial needs of member countries. increasing opportunities to raise funds from the private sector by the meeting emphasized the close cooperation between the World Bank and member countries to achieve the Sustainable Development Goals together in 2030
Mr. Arkhom Termpittayapaisith Minister of Finance made a statement on behalf of SEAVG about the changes and challenges the world is facing. and called on the World Bank to tackle poverty. and promote sustainable economic growth. The World Bank should focus on increasing financial capacity. to provide comprehensive assistance to member countries knowledge support in various fields Effective Debt Sustainability Analysis and the World Bank’s leading role in supporting international cooperation and policy coordination. both at the bilateral and multilateral levels
At the Spring Meetings of the World Bank and International Monetary Fund Minister of Finance had the opportunity to have a bilateral discussion with Mrs. Manuela V. Ferro, Vice President of the World Bank in East Asia and the Pacific on the issue of the economic and financial situation of Thailand and the implementation of cooperation projects between the World Bank and Thailand. and had bilateral discussions with Mrs. Yuriko Backes, Minister of Finance of the Grand Duchy of Luxembourg. on the overall economic situation of the two countries as well as pushing for bilateral economic and financial cooperation Between Thailand and the Grand Duchy of Luxembourg. – Thai News Agency
Source: Thai News Agency