World Bank to redouble efforts to fight poverty
GOVERNMENT| Oct. 14, 2012, 9:01 a.m.
The World Bank Group Development Committee has wrapped up its annual plenary meetings in Tokyo with a resolve to transform the bank into a ‘solutions bank’ that helps eradicate poverty and boost prosperity.
World Bank Group President Jim Yong Kim called on members to redouble efforts to end absolute poverty.
"We still live in a world that has more than one billion people living in absolute poverty," Dr. Kim said at the closing press conference. "We must all work to make sure that the impressive gains in Latin America, Africa, and Asia over the past generation are not lost now."
“It is time to bend the arc of history. With global solidarity underpinned by a relentless drive for results, we can, we must, and we will build shared prosperity and end poverty,” Dr. Kim said.
Addressing the full membership of the World Bank for the first time as president, Dr. Kim said the Bank will establish a “clear and measurable bottom line” including “ambitious targets” for ending poverty and building shared prosperity, streamlined procedures and processes, and incentives for people working for or on behalf of the Bank who can bring results on the ground.
The plan includes strengthening evidence-based approaches to development by ensuring “virtually all developing countries have timely and accurate data,” said Dr. Kim.
In its communique, the committee called on the Bank to work with other organizations to accelerate efforts to help the African Sahel, where “hunger threatens the lives of 19 million people and the stability of the region.” The response should bring solutions that enable the region to “permanently escape the cycle of emergency aid, and reach a more resilient and sustainable future in the medium term.”
Donors meeting on the sidelines of the annual meetings made pledges to the Global Agriculture and Food Security Program, launched by the World Bank in 2008 at the request of the G20. The United States pledged to contribute an additional USD1 to the fund for every USD2 contributed by other donors (up to a total US contribution of USD475 million), attracting USD30 million contributions each from Japan and the Republic of Korea, with the Bill & Melinda Gates Foundation also indicating it would double its commitment.
The committee noted that World Bank Group must also continue to help countries strengthen conditions for job growth, and asked the World Bank to “contribute actively” to the process of setting global development targets that would take effect after the Millennium Development Goals sunset in 2015. “
MORE GOVERNMENT NEWS
Computerised driver testing grounds: another first for BotswanaBotswana will see another first this week in the form of computerised driver testing, which will be launched in Gaborone on Friday 23 January. Read More
Digital policing: Lagos builds 100 ICT centres for policeLagos State Governor Mr Babatunde Raji Fashola (SAN) has begun handing over 100 Information Technology Centres to police stations in the state, with two stations in the Ogudu Police Area Command. Read More
Census counts technology as key in agricultureTechnology development and transfer has been identified as key in the agricultural sector of Botswana, and has been selected as one of the key components of the forthcoming census. Read More
Senegal’s national digital strategy in spotlight at ICT forumSenegal’s national digital strategy is expected to be discussed at a high-level ICT forum due to take place on Thursday 22 January 2015 at the King Fahd Palace in the capital Dakar. Read More
Togo capital city to become Wifi ZoneLomé, the capital city of West Africa’s tiny Togo is about to become a Wifi Zone. Read More
Mozambique, SA parks collaborate using digital radio system to combat poachingMozambique’s Ministry of Tourism and South Africa’s Peace Parks Foundation are collaborating in a 2.1 million Euro project, which includes a digital radio network upgrade, to combat rhino poaching. Read More
Local Authority body guns for technology among councilsThe Botswana Association of Local Authorities (BALA) has embarked on an ambitious project to bring technology to local municipalities and councils. Read More
Ivory Coast’s US$56m digital village to be completed in 2017The first phase of the Ivorian digital village, VITIB, will be completed in 30 months' time, the Ivorian government said. Read More
ICT adds 2% to Rwandan national GDP in 2014ICT contributed 2% to Rwanda's national GDP in the first two quarters, which grew to 3% by the 3rd quarter 2014. Read More
FEATURED STORYUCC launches 2015 ACIA awards
Uganda has launched the fifth Annual Communications and Innovation Awards, which celebrate and foster ICT innovation and achievement.
BEST READ NEWS
IN DEPTHKenya’s digital TV battle hots up
Kenya’s journey to Digital TV broadcasting took a new turn this week, when the Communication Authority of Kenya (CAK) accused three local media firms of intent to disrupt the process.