Chair’s Statement: 109th Meeting of the Development Committee This page in:English العربي

Chair’s Statement: 109th Meeting of the Development Committee Share more Mr. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, United Arab Emirates The Development Committee met today, April 19, 2024. Development Committee members discussed the global macroeconomic and financial impact of current wars and conflicts including the war in Ukraine, the humanitarian crisis in Gaza, as well as the shipping disruptions in the Red Sea. While recognizing the Development Committee is not the forum to resolve geopolitical and security issues and these issues will be discussed in other fora, Development Committee members acknowledged that these situations have significant impacts on the global economy. Today’s era must not be of war and conflict. https://www.worldbank.org/en/news/statement/2024/04/19/chair-s-statement-109th-meeting-of-the-development-committee