Jim Yong Kim, President of the World Bank Group, notes that the developing countries will have to growat a pace stronger than any time in the past 20 years toachieve the goal of ending the extreme poverty by 2030. He talks about theneed for growth that is inclusive, creates jobs, and assiststhe poor directly. He calls for ensuring economicgrowth in the years ahead that is sustainable and takes usoff the destructive path of climate change. He focuses onproviding the best services possible in countries by keepinga strong presence in country offices and by providing globalsolutions to local problems. He is optimistic that countriesand their partners will take it on, seize this opportunityand erase this stain of extreme poverty from our collectivemoral conscience once and for all. He fielded questions about China urbanization, Russo-Ukrainian tensions, Ghana’s dependence on the U.S. market, quality versus quantity of development aid, Middle East prospects, World Bank programs in Egypt, poverty in Paraguay, increased fees for advisory services, use of financial intermediaries, and climate change.
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