[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110954-en":3,"doc-seo-110954-105":29,"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":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},110954,687197207919,"Theodora","https://ap-avatar.wpscdn.com/avatar/a000253d6f5f7c60be?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779446848396160552",8,"Research & Report","Development Committee - Statement by H.E. Lütfi Elvan at the 104th Virtual Meeting","Statement by H.E. Lütfi Elvan, Minister of Finance of Turkey, on behalf of multiple countries, delivered at the 104th Development Committee virtual meeting in Washington, DC (October 15, 2021). The statement thanks management for delivering on the Twin Goals amid COVID-19, highlights WBG FY21 lending results and the scale of COVID-19 response, and welcomes progress on the Capital Package. It stresses accelerating vaccine access through partnerships, underscores initiatives to expand production and support private-sector resilience, and supports the New Climate Change Action Plan 2021–2025 with targets for climate and adaptation.","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 FOURTH MEETING WASHINGTON, DC – OCTOBER 15, 2021  \nDC/S/2021-0063 October 15, 2021  \nStatement by  \nH.E. Lütfi Elvan  \nMinister of Finance  \nTurkey  \nOn behalf of Austria, Belarus, Belgium, Czech Republic, Hungary, Kosovo, Luxembourg, Slovakia, Slovenia and Turkey  \nStatement by  \nH.E. Lütfi Elvan  \nMinister of Finance  \nTurkey  \nOn behalf of Austria, Belarus, Belgium, Czech Republic, Hungary, Kosovo, Luxembourg, Slovakia, Slovenia and Turkey  \n104th Meeting of the Development Committee  \nOctober 15, 2021  \nWashington, DC  \nFirstly, we would like to thank Management and staff for the hard work, tremendous effort, and determination to stay on track to deliver on the Twin Goals while addressing the adverse impacts of the COVID-19 pandemic. Considering the challenging working conditions ofthe WBG’s staff and many client countries, we congratulate Management for the exceptional fiscal year and for achieving record-breaking results, including the FY21 lending commitments of almost US$67 billion, the highest ever.  \nWe particularly value the ongoing powerful “One” WBG’s COVID-19 response reaching over the last 15 months more than US$150 billion to support client. This robust outreach presents the strongest crisis response in the WBG’s history. We particularly appreciate that all institutions, WB, IFC, and MIGA, are collaborating and expanding their COVID-19 response programs. We also find it highly important that the assistance is well-balanced among the client countries, from frontloading of IDA 19 for low-income countries to scaling up support to middle-income countries. By implementing such an extraordinary response, the WBG has once again demonstrated its leadership in development cooperation.  \nWe appreciate the update on the Capital Package commitments across all four pillars of the Forward Look agenda ahead of the WBG/IMF Annual Meetings. We welcome putting the report into the broader perspective of the ongoing pandemic. Considering its negative impacts, uncertainties, and difficulties, we believe that Management remained committed to the Capital Package and appreciate that progress has been made on several fronts. Regarding IBRD’s and IFC’s financial sustainability and considering the need to support the WBG’s client countries to tackle the negative impacts ofthe COVID-19 and to manage future crises, we acknowledge the importance of timely capital subscription.  \nImportance to Accelerate Vaccine Access for Developing Countries  \nOne of the preconditions to help everyone get back on a path towards normality or at least a ‘new normal’, boost economic recovery, and, most importantly, save lives, is to increase developing countries’ access to COVID-19 vaccines. Unfortunately, we are currently experiencing a shortage of vaccine supplies and stark inequities in vaccination rates between developed and developing countries. This vaccination divide not only threatens to delay the much-needed recovery in those developing countries, but it could also impact the global recovery through an increased risk of new, potentially more contagious, and vaccine-resistant mutations. Therefore, we encourage the WBG to continue to cooperate closely with other partners to scale up access to and delivery of vaccines, and urgently close vaccination gaps in developing countries. In this regard, we welcome the additional commitment of the US$5 billion vaccine program and the continuation ofthe WBG’s global leading role in coordinating these efforts, including as part ofthe WBG, WTO, WHO and IMF Task Force.  \nWe would also like to thank IFC for launching the Global Health Platform to boost the production and supply of critical healthcare products in developing countries, and MIGA's effort to help investors and ","cbCairnzHd5duy5X","https://ap.wps.com/l/cbCairnzHd5duy5X","pdf",179685,1,5,"English","en",105,"# Opening Remarks and COVID-19 Response\n## FY21 Results and “One” WBG Collaboration\n## Balanced Assistance and Capital Package Update\n# Importance of Accelerating Vaccine Access\n## Closing Vaccination Gaps and Partner Coordination\n# Climate Change Action Plan and GRID\n## CCAP Targets (2021–2025)\n## Inclusiveness, Gender Equality, and Indicators","[{\"question\":\"What does the statement emphasize regarding the WBG’s COVID-19 response?\",\"answer\":\"It emphasizes the scale and coordination of the “One” WBG response, collaboration across WB, IFC, and MIGA, and the need for balanced assistance across client country income levels.\"},{\"question\":\"How does the statement argue for accelerating vaccine access in developing countries?\",\"answer\":\"It highlights supply shortages and inequities, warns about delayed recovery and mutation risks, and encourages close cooperation with partners to scale up vaccine access and delivery while urgently closing gaps.\"},{\"question\":\"What are the key climate-related commitments supported in the statement?\",\"answer\":\"The statement welcomes the New Climate Change Action Plan for 2021–2025, including targets for directing financing to climate and supporting adaptation, and it supports the Green, Resilient, and Inclusive Development (GRID) focus.\"}]",1784487873,13,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":27},"development-committee-statement-by-he-lutfi-elvan-at-the-104th-virtual-meeting","",{"@graph":35,"@context":85},[36,53,68],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/development-committee-statement-by-he-lutfi-elvan-at-the-104th-virtual-meeting/110954/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-22","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 does the statement emphasize regarding the WBG’s COVID-19 response?","Question",{"text":75,"@type":76},"It emphasizes the scale and coordination of the “One” WBG response, collaboration across WB, IFC, and MIGA, and the need for balanced assistance across client country income levels.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How does the statement argue for accelerating vaccine access in developing countries?",{"text":80,"@type":76},"It highlights supply shortages and inequities, warns about delayed recovery and mutation risks, and encourages close cooperation with partners to scale up vaccine access and delivery while urgently closing gaps.",{"name":82,"@type":73,"acceptedAnswer":83},"What are the key climate-related commitments supported in the statement?",{"text":84,"@type":76},"The statement welcomes the New Climate Change Action Plan for 2021–2025, including targets for directing financing to climate and supporting adaptation, and it supports the Green, Resilient, and 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