World Bank President Banga met US Vice President Kamala Harris
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The White House said at Monday’s meeting, the vice president highlighted the Biden-Harris administration’s “strong support” of the World Bank’s efforts to inspire and invest in policy reforms that reduce poverty and achieve the Sustainable Development Goals.
Washington. Newly appointed World Bank President Ajay Banga met US Vice President Kamala Harris and discussed developing and implementing an action plan to raise the level of ambition in mobilizing private sector investments. This was the first US interaction with the World Bank after Banga took office on Friday. The White House said at Monday’s meeting, the vice president highlighted the Biden-Harris administration’s “strong support” of the World Bank’s efforts to inspire and invest in policy reforms that reduce poverty and achieve the Sustainable Development Goals.
“He praised the steps taken to strengthen the World Bank, including expanding its mission to bring resilience to global challenges such as climate change, pandemics and conflict,” the White House said in the statement. According to the statement, “He said that addressing these global challenges is linked to and not detracting from the Bank’s work to end extreme poverty and promote shared prosperity. The Vice President welcomed the commitment and ambition of the new World Bank President Banga in taking forward this development initiative.
Harris conveyed America’s intention to work with World Bank shareholders and Banga in the lead-up to the G20 leaders’ summit in September. The White House said that the Vice President recognized that the public sector alone cannot meet the needs of enormous growth. They also stressed the United States’ commitment to developing and implementing an action plan to increase the level of ambition to mobilize private sector investment.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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