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World Bank President Outlines Strategy to End Poverty, Welcomes New Development Partners

WASHINGTON, April 7, 2015— World Bank Group President Jim Yong Kim announced a broad strategy to end extreme poverty by 2030, and he welcomed emerging players such as the Asian Infrastructure Investment Bank and the New Development Bank, established by the BRICS countries, as potentially strong allies in the economic development of poor countries and emerging markets.

 

He spoke at the Center for Strategic and International Studies (CSIS) in Washington in advance of the World Bank/IMF Spring Meetings, Kim noted that to achieve the World Bank’s twin goals — ending extreme poverty by 2030 and boosting shared prosperity among the poorest 40 percent in low- and middle-income countries — “there is more than enough work to go around.”

 

Photo: Simone D. McCourtie / World Bank

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Uploaded on April 7, 2015
Taken on April 7, 2015