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World Bank to focuses on ending poverty

(Global Times)

14:24, October 15, 2012

The World Bank will keep focus on ending poverty, the President of Word Bank Jim Yong Kim said on a press conference after the group's Development Committee meeting on Saturday.

"End Poverty - is what I think about every day on my job as president of the World Bank Group. I think of that message and the message of boosting shared prosperity so that families or young people can have hope for a brighter future that includes a good job, access to health care, and good education," said Kim.

The meeting also issued a joint communique to conclude the work of the Development Committee.

The Development Committee reiterated its commitment in the communique, to take decisive actions to promote growth and development, to continued support for an open global economy and to meeting its pledges of development assistance.

The International Monetary Fund (IMF) Managing Director Christine Lagarde also expressed the Fund's support.

Development Committee is a ministerial-level forum of the World Bank Group and the International Monetary Fund for intergovernmental consensus-building on development issues, meeting twice a year.

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