Agency | Marrakech
Daily Tribune – www.newsofbahrain.com
Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, emphasized the important role played by the World Bank in addressing diverse economic challenges to foster further development and growth of the global economy. .
He praised the World Bank’s new vision, which aims to reduce poverty around the world and strengthen shared prosperity, social development and environmental efforts.
The Minister made these remarks in a statement on behalf of the Arab Group and the Kingdom of Bahrain and on behalf of the Maldives at the 108th session of the Development Committee.
The meeting took place during the annual meeting of the World Bank and International Monetary Fund in Marrakech, Morocco. Shaikh Salman highlighted the World Bank Group’s contribution in finding solutions for the food and energy sectors, digital capacity, environmental protection and global economic recovery.
He also welcomed the increased financing capacity of the World Bank Group to support development needs and the Sustainable Development Goals. The Minister emphasized the importance of innovative solutions that optimize resource use, foster human capital development, stimulate private sector investment, and provide growth-friendly financing and regulatory frameworks. .
He underlined the importance of strengthening cooperation between the public and private sectors, multilateral development banks, international organizations and civil society to tackle various challenges, including climate change.