Channel: World Bank

Category: Nonprofits & Activism

Tags: volodymyr zelenskyyrefugeesworld bankeconomic growthsecuritytechnical assistanceprosperitydavid r. malpasspovertydevelopment challengesspring meetingsstabilityeconomic transformationvulnerable peoplehuman capitalwarinvestmentkristalina georgievainternational developmentsustainable developmentcrisis recoverydeveloping countriesukraineinternational communitypolicy advicedenys shmyhalgrowthpresidentconflict

Description: The war in Ukraine is having a devastating impact on the country’s economy. The World Bank estimates that Ukraine’s economy will shrink by almost half this year, trade has largely halted, and the country’s infrastructure has sustained heavy damage. In addition, there is a large humanitarian crisis – an estimated 5 million people, about half of whom are children, have become refugees in other countries, and another 7.1 million people have been displaced internally (UNHCR estimates). The war has dramatically impacted the Government of Ukraine’s ability to sustain essential government services, provide for social protection and humanitarian needs, and make critical time-sensitive investments. The World Bank Group and the Government of Ukraine convened a roundtable discussion to better understand the scope of Ukraine’s immediate financing needs, and to discuss how the international community can come together to support those needs. Learn more: wrld.bg/6Mnu50IQARq 🗣️ Speakers: - Volodymyr Zelensky, President, Ukraine - Denys Shmyhal, Prime Minister of Ukraine - David R. Malpass, President of the World Bank Group - Kristalina Georgieva, Managing Director, International Monetary Fund 📑 Agenda 00:00 Welcome and opening remarks by David Malpass, WBG President 01:12 Speech delivered by Ukraine’s President Volodymyr Zelensky 14:11 Remarks by Denys Shmyhal, Prime Minister of Ukraine 27:22 The support from the World Bank Group to Ukraine 31:53 Remarks by Kristalina Georgieva, IMF Managing Director 💬 Closed captions and video interpretations available in: - ARABIC youtu.be/B5x4W3eDN0c - FRENCH youtu.be/SeWSwV7fd1w - SPANISH youtu.be/e9XMJ2OEeOk - UKRANIAN youtu.be/kVknkur_iCk ℹ️ ABOUT WBG SPRING MEETINGS 2022: Preparing for future crises and strengthening international cooperation are essential to deliver a resilient recovery and a better future for those most in need. At these Spring Meetings - taking place in the shadow of war in Ukraine – the World Bank Group will convene leaders, experts and activists to discuss the impact of these global shocks on the most vulnerable communities. Learn more: wrld.bg/t1NM50IqzNC ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. worldbank.org