[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109795-en":3,"doc-seo-109795-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":11},109795,2336464648746,"Skyler","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",8,"Research & Report","101st Meeting of the Development Committee - April 17, 2020 - Statement by H.E. Thambo Gina","Statement by H.E. Thambo Gina, Minister of Economic Planning & Development and Minister of Finance and Planning of Eswatini, for the Africa Group 1 Constituency, delivered at the 101st Development Committee meeting in Washington, DC (virtual), on April 17, 2020. It addresses the socio-economic impact of COVID-19 on African economies, supports the World Bank’s Fast-Track COVID-19 Facility, and urges post-pandemic financing, economic assessment, resilience building, and coordinated debt relief and fiscal space. It also calls for accelerating the Jobs and Economic Transformation agenda, prioritizing quality jobs and agricultural interventions, and strengthening cooperation among multilateral development banks.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee  \nof the  \nBoards of Governors ofthe Bank and the Fund  \nOn the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND ONE MEETING  \nWASHINGTON, DC – APRIL 17, 2020  \n(VIRTUAL)  \nDC/S/2020-0004 April 17, 2020  \nStatement by  \nH.E. Thambo Gina  \nMinister of Economic Planning & Development Eswatini  \nFor Africa Group 1 Constituency  \nStatement by  \nH.E. Thambo Gina  \nMinister of Finance and Planning  \nEswatini  \nFor Africa Group 1 Constituency  \n101st Meeting of the Development Committee  \nApril 17, 2020  \nWashington, DC  \n(VIRTUAL)  \n1. The novel COVID-19 pandemic continues to plunge the world into a socio-economic turmoil of unprecedented magnitude. Additional to its devastating human and health crisis, the pandemic has brought a sizeable part of the world economy to a stand-still. African countries are expected to be hardest hit due to their frail private sector characterized by the large informal sector, weak fiscal balances and limited coverage of social safety nets. In our constrained health systems, the spread of the virus and inadequate containment efforts pose significant risks to the well-being, social and economic security of many African economies.  \n2. At a time when the world is facing this fast-moving and complex pandemic, the role ofthe WBGas a global convener, knowledge and multilateral development institution, is even more critical. We, therefore, commend the WBG for launching the Fast-Track COVID-19 Facility to respond to the spreading coronavirus across the world. We are in support of the objectives of the Facility, to provide a fast and flexible response, including emergency financing, policy advice, and technical assistance to support developing countries in dealing with the spread ofCOVID-19. We urge the WGB to increase support to the most affected and least resourced countries to respond to the pandemic. This pandemic has moved from being a health sector crisis to a development crisis and the containment efforts are having serious impact on the agricultural sector particularly, in those African countries recently invaded by locusts and armyworms.  \n3. Our Constituency further urges the WBG and IMF to provide post-pandemic financial support and interventions to stabilize, improve and enhance the recovery efforts and resilience of our countries to deal with the pandemic and similar outbreaks that could have a significant impact on economies. In this respect, we suggest that a full assessment of the impact on economies, livelihoods and social environment be carried out to inform the design of policies and a post-pandemic economic stimulus package for the affected countries. We also call for the strengthening of African institutions to respond to similar crisis in the future.  \n4. We support the call by the Heads of the two Bretton Woods Institutions to the G20 that bilateral creditors suspend debt repayments for countries affected by the COVID-19 pandemic when they request forbearance. We also call on them, as well as other multilateral institutions, to extend debt service relief to low-income African Countries for two years. Similarly, we support the call by the African Finance Ministers in Addis Ababa for development partners to consider debt relief and forbearance of interest payments for all African countries, LICs and MICs alike, given that the global economy has entered a period  \nof a synchronized slow down. We urge the IMF also to consider similar debt relief support as a response for countries that were recently impacted by the Ebola Virus Disease.  \n5. As emphasized by the African Finance Ministers, we urge that debt relief for all of Africa be undertaken in a coordinated and collaborative way. Additionally, since a pandemic like the coronavirus does not respect boundaries between countries, we call on the WBG to ensure that all countries including those in non-accrual s","cbCaitV7ZjHea9wY","https://ap.wps.com/l/cbCaitV7ZjHea9wY","pdf",161384,5,1,3,"English","en",105,"# Statement by H.E. Thambo Gina\n## COVID-19 socio-economic impacts on Africa\n## World Bank Fast-Track COVID-19 Facility and post-pandemic support\n## Post-pandemic assessment and stimulus planning\n## Debt relief and fiscal space coordination\n## Recovery priorities: JET Agenda, jobs, and agriculture\n## Coordination with other MDBs and knowledge sharing","[{\"question\":\"What immediate actions does the statement request to address COVID-19 in developing countries?\",\"answer\":\"It supports the World Bank’s Fast-Track COVID-19 Facility and urges increased support for the most affected and least resourced countries, including emergency financing, policy advice, and technical assistance.\"},{\"question\":\"What does the statement recommend to guide post-pandemic recovery policies?\",\"answer\":\"It suggests a full assessment of impacts on economies, livelihoods, and the social environment, to inform policy design and a post-pandemic economic stimulus package.\"},{\"question\":\"How does the statement propose handling debt during the pandemic and recovery?\",\"answer\":\"It supports suspending bilateral creditors’ debt repayments and extending debt service relief to low-income African countries for two years, while urging coordinated, collaborative debt relief across Africa and appropriate fiscal space for all countries.\"}]","101st Meeting of the Development Committee - April 17, 2020 - Statement by H.E. Thambo Gina | PDF",1784482407,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":29},"101st-meeting-of-the-development-committee-april-17-2020-statement-by-he-thambo-gina","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,50],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":22},"https://docshare.wps.com/document/research-report/",{"item":51,"name":13,"@type":43,"position":52},"https://docshare.wps.com/document/101st-meeting-of-the-development-committee-april-17-2020-statement-by-he-thambo-gina/109795/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What immediate actions does the statement request to address COVID-19 in developing countries?","Question",{"text":75,"@type":76},"It supports the World Bank’s Fast-Track COVID-19 Facility and urges increased support for the most affected and least resourced countries, including emergency financing, policy advice, and technical assistance.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What does the statement recommend to guide post-pandemic recovery policies?",{"text":80,"@type":76},"It suggests a full assessment of impacts on economies, livelihoods, and the social environment, to inform policy design and a post-pandemic economic stimulus package.",{"name":82,"@type":73,"acceptedAnswer":83},"How does the statement propose handling debt during the pandemic and recovery?",{"text":84,"@type":76},"It supports suspending bilateral creditors’ debt repayments and extending debt service relief to low-income African countries for two years, while urging coordinated, collaborative debt relief across Africa and appropriate fiscal space for all countries.","https://schema.org",{"og:url":51,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":51},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":92},[93,97,101,105,109,114,119,122,127,130,134],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":106,"show_sort_weight":107,"slug":108},"Comic",60,"comic",{"id":110,"doc_module":4,"doc_module_name":46,"category_name":111,"show_sort_weight":112,"slug":113},6,"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":46,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":46,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":46,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":46,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":46,"category_name":136,"show_sort_weight":20,"slug":137},19,"General","general"]