Monday, February 6, 2023
  • Login
No Result
View All Result
The News Beam
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
The News Beam
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
No Result
View All Result
The News Beam
Home News Business & Economy Economy

World Bank, IMF Unite to Save The World

June 16, 2021
in Economy, Global, News
Reading Time: 3 mins read
0
A A
0
World Bank, IMF Unite to Save The World
Share on FacebookShare on Twitter
* Launch High-Level Advisory Group (HLAG)

The World Bank and the International Monetary Fund (IMF) have launched a joint high-level advisory group to help secure a total recovery from the COVID-19 pandemic and climate change.

The organisations, Tuesday, launched a High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth to help secure a strong recovery and set a path for green, resilient, and inclusive development over the coming decade.

The group which comprised of experts from research institutions, private sector, and governments, will be jointly chaired by Mari Pangestu, Managing Director for Development Policy and Partnerships, World Bank; Ceyla Pazarbasioglu, Director, Strategy, Policy and Review Department, International Monetary Fund; and Lord Nicholas Stern of the London School of Economics.

The group is tasked to set out practical proposals in two phases:

First, focus on the immediate challenge of a sustainable and inclusive recovery to inform the processes and meetings in 2021 leading up to the G20 Summit in Rome (October) and the COP26 in Glasgow (November).

Second, deepen the analyses and formulation of actions for sustained transformation in 2022. 

Commenting on the development, World Bank Group President, David Malpass, said: “the poor and most vulnerable have been hit hardest by COVID-19, as well as climate change, and other challenges. I look forward to this High-Level Advisory Group offering new ideas for impactful action, both at country-level and globally, to foster green, resilient and inclusive development and help developing countries get back on track to reduce poverty and inequality.”

In the same vein, IMF Managing Director, Kristalina Georgieva, said: “The world faces two huge crises—the pandemic, and the climate emergency—that demands radical and coordinated action. Through policy analysis and practical proposals, the High-Level Advisory Group will play a key role in this effort, and I look forward to this important collaboration.”

Other experts in the group are:

  • Philippe Aghion, Centennial Professor of Economics at the London School of Economics and Political Science, at the Collège de France, and at INSEAD;
  • Montek Ahluwalia, former Deputy Chairman of the Planning Commission of India; 
  • Masood Ahmed, President, Center for Global Development; 
  • Timothy Besley, School Professor of Economics and Political Science, London School of Economics and Political Science;
  • Sir W. Arthur Lewis Professor of Development Economics, London School of Economics and Political Science; 
  • Amar Bhattacharya, Senior Fellow, Center for Sustainable Development; 
  • Laurence Boone, Chief Economist and Head of the Economics Department, OECD; 
  • Ottmar Edenhofer, Professor of the Economics of Climate Change, Technical University of Berlin and Director of the Potsdam Institute of Climate Impact Research; 
  • Gita Gopinath, Economic Counsellor and Director of the Research Department at the IMF; 
  • Homi Kharas, Senior Fellow, Brookings Institution; 
  • Eliana La Ferrara, Fondazione Romeo ed Enrica Invernizzi Chair in Development Economics, Bocconi University; 
  • Joaquim Levy, Director for Economic Strategy and Market Relations at Banco Safra S.A., former Finance Minister, Brazil; 
  • Zhu Min, former Deputy Managing Director, IMF; 
  • Maria Ramos, Chair, AngloGold Ashanti Limited and former CEO of Absa Group Limited; 
  • Carmen Reinhart, Vice President of Development Economics and World Bank Group Chief Economist; 
  • Andres Velasco, Professor of Public Policy and Dean, School of Public Policy, London School of Economics and Political Science.

READ ALSO; Dangote Releases N4.2billion to Empower Women in Rural Areas

Tags: HLAGIMFWorld Bank
ShareTweetSend
Previous Post

PwC Unveils Strategy to Help Businesses Deliver Sustained Outcomes

Next Post

Why We Support Linda Ikeji’s Empowerment Programme – Ecobank

Related Posts

REVEALED! Bank officials hiding new notes behind old notes
News

REVEALED! Bank officials hiding new notes behind old notes

February 4, 2023
48
Banks suffer 11% reduction in new loans as customers resist interest rate hike
News

Shortage of New Naira notes: Emefiele begs Nigerians, says CBN addressing supply hiccups

February 3, 2023
64
Banks suffer 11% reduction in new loans as customers resist interest rate hike
Business & Economy

New Naira Notes: CBN allows  banks to pay N20k per day over-the-counter

February 2, 2023
41
New Naira Notes: Emefiele blames banks for scarcity, abuse at parties
Finance

New Naira Notes: Emefiele blames  banks for scarcity, abuse at parties

January 31, 2023
37
Delia Ferreira Rubio, Transparency International Chairperson
News

Corruption: Nigeria ranks 150 out of 180 countries

January 31, 2023
33
INEC
News

Fuel scarcity could affect 2023 election logistics-INEC warns

January 31, 2023
29
Next Post
Why We Support Linda Ikeji's Empowerment Programme - Ecobank

Why We Support Linda Ikeji's Empowerment Programme - Ecobank

World Bank Lists Seven Factors Behind Nigeria's High Inflation Rate

World Bank Lists Seven Factors Behind Nigeria's High Inflation Rate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

  • Trending
  • Comments
  • Latest
How to Apply for the N25 Billion Youth Investment Fund of the Federal Govt

How to Apply for the N25 Billion Youth Investment Fund of the Federal Govt

October 16, 2020
Covid-19: See List of Vaccination Centers in Lagos State

Covid-19: See List of Vaccination Centers in Lagos State

August 19, 2021
Banks suffer 11% reduction in new loans as customers resist interest rate hike

CBN reveals 9 Business Categories that recorded Increased Activity This Month

9
BREAKING ! How Hurriedly installed Application Saved Central Bank of Nigeria website from 'Anonymous' hack

BREAKING ! How Hurriedly installed Application Saved Central Bank of Nigeria website from ‘Anonymous’ hack

7
REVEALED! Bank officials hiding new notes behind old notes

REVEALED! Bank officials hiding new notes behind old notes

February 4, 2023
Banks suffer 11% reduction in new loans as customers resist interest rate hike

Shortage of New Naira notes: Emefiele begs Nigerians, says CBN addressing supply hiccups

February 3, 2023

Categories

  • Agriprenuers (12)
  • Books & Arts (7)
  • Business & Economy (436)
  • Capacity Building (25)
  • CDAs (2)
  • Community Champions (1)
  • Crime (196)
  • DEVELOPMENT (74)
  • Development Agencies (109)
  • Economy (318)
  • Education (192)
  • Entertainment (405)
  • Faith (55)
  • Finance (339)
  • Global (103)
  • Guest Columnists (17)
  • Health (56)
  • Health (242)
  • Industry (149)
  • LGAs (1)
  • Lifestyle (98)
  • MGDs (10)
  • News (2,298)
  • Politics (374)
  • Projects (2)
  • Relationships (70)
  • Security (164)
  • SMEs (15)
  • SPECIALS (87)
  • Sports (311)
  • Street Money (9)
  • Tech (138)
  • Teens World (3)
  • The Entrepreneur (26)
  • Uncategorized (70)
  • Your Community (33)
  • Youthprenuers (14)
No Result
View All Result
News
Politics
Business & Economy
Sports
Entertainment
Global

Development

Health
Education
MGDs
Development Agencies

Your Community

CDAs
LGAs
Projects
Community Champions

The Entrepreneur

Street Money
SMEs
Youthprenuers
Agriprenuers
Capacity Building

Specials

Lifestyle
Relationships
Books & Arts
Faith
Teens World
Guest Columnists

Follow Us

  • About Us
  • Contact Us
  • Terms of Usage
  • Privacy Policy
  • Advert Rates
  • Newsletters
  • Resources
  • Submit a Story
No Result
View All Result
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
  • Login

© 2020 The News Beam is the highest circulated and most read newspaper in Nigeria. The online portal of The News Beam is the most visited website in the world.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Subscribe With The News Beam