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Monday, 11 October 2010

Piebalgs at the annual meetings of the World Bank and the IMF

On 8 and 9 October, European Commissioner for Development Andris Piebalgs will be in Washington to attend the Annual Meetings of the World Bank and the International Monetary Fund (IMF) where he will deliver a speech to the Development Committee, the World Bank's and IMF's ministerial forum on development issues. On 8th October, he will be a key note speaker at the German Marshall Fund to discuss "how to make Development Sustainable in time of austerity". The Commissioner will further address a Round Table on Sudan organized by the World Bank, at a time when the world needs to focus on a peaceful transition after the referendum on South Sudan's self-determination that is foreseen for January 2011. During his visit to Washington he will also meet World Bank Managing Director Sri Mulyani Indrawati and World Bank Vice President for Africa, Obiageli Katryn Ezekwesili. Ahead of his trip, European Commissioner for Development Andris Piebalgs said: "The Development Committee of the World Bank is a key forum for the main global players in development. I am looking forward to discussions on the resilience of developing countries during the crisis, on development results and on reforms. They will provide a springboard to an agenda of inclusive and sustainable growth in developing countries. I will soon be launching an initiative for a future EU development policy to ensure effectiveness, efficiency and lasting impact. We all need to sharpen our instruments to achieve added value and real results in the global fight against poverty." Commissioner Piebalgs added: "In Sudan, we need the combined efforts of the international community to support the country's development and stability. The EU has already provided €665 million in aid to the country since 2005 and will continue to support the country's upcoming challenges."

Source: European Commission