Development Committee Meeting of the World Bank

Development Committee Meeting of the World Bank

Daily Current Affairs   /   Development Committee Meeting of the World Bank

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Category : Business and economics Published on: October 14 2023

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  • In October 2023, the Development Committee meeting of the World Bank was held in Marrakesh city of Morocco.
  • This was the 108th Development Committee meeting of the World Bank.
  • Union Finance Minister Nirmala Sitharaman participated in this meeting from India's side.
  • The theme of the meeting was 'Ending poverty on a livable planet - Report to the Governors on Development for the World Bank'.
  • At the meeting, India advocated the World Bank's new vision, focusing on eliminating extreme poverty.
  • The World Bank was established in the year 1944.
  • Presently its president is Ajay Banga.
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