[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110896-en":3,"doc-seo-110896-105":29,"detail-sidebar-cat-0-en-105":89},{"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":4,"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},110896,13056703019662,"Evangeline","https://ap-avatar.wpscdn.com/avatar/be000253a8e92610077?_k=1778726343310543188",8,"Research & Report","Statement by H.E. Ingrid Olga Ghislaine Ebouka-Babackas - 105th Meeting of the Development Committee - April 22, 2022","Written statement delivered on behalf of the Africa Group II constituency to address the Development Committee agenda at its 105th meeting on April 22, 2022. It covers two priority themes: digitalization and development, and making debt work for development alongside macroeconomic stability. The statement highlights the global context shaped by geopolitical tensions, COVID-19 effects, and the war in Ukraine, calling for coordinated World Bank Group and IMF crisis response and action to support African recovery and inclusion in digital transformation.","Public Disc losure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee of the  \nBoards of Governors ofthe Bank and the Fundon the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND FIFTH MEETING WASHINGTON, DC – APRIL 22, 2022  \nPub lic Disc losure Authorized  \nDC/S/2022-0006(E) April 22, 2022  \nStatement by  \nH.E. Ingrid Olga Ghislaine Ebouka-Babackas Minister of Planning, Statistics, and  \nIntegration  \nRepublic of Congo  \nOn behalf of the Group II African Countries  \nStatement by  \nH.E. Ingrid Olga Ghislaine Ebouka-Babackas  \nMinister of Planning, Statistics, and Regional  \nIntegration  \nRepublic of Congo  \nOn behalf of the Group II African Countries  \n105th Meeting of the Development Committee  \nApril 22, 2022  \nWashington, DC  \nThis written statement, on behalf of the Africa Group II Constituency, covers the topics on the Development Committee’s agenda, namely: (1) Digitalization and Development; and (2) Making Debt Work for Development and Macroeconomic Stability. It also underscores the specific context in which the 2022 Spring Meetings are taking place and issues a call to action to the Bretton Woods institutions.  \nCall to Action  \nWe are meeting this year against the backdrop of heightened geopolitical tensions around the world, while the socioeconomic effects of the COVID-19 pandemic continue to reverberate. The ongoing war in Ukraine is producing economic consequences globally, including in Africa, as evidenced by higher commodity and fuel prices. The poorest are particularly hard hit by the rising cost of living, which is creating a dire food security situation and dampening our countries’ prospects for economic recovery. Coordinated action is essential. We therefore call on the World Bank Group (WBG) and International Monetary Fund (IMF) to coordinate their interventions so as to provide a global response to counter the economic impact being felt, and to use all the crisis response tools at their disposal to assist the African continent.  \nDigitalization and Development  \nWe commend the WBG on the appropriate choice of this topic given its great potential for the growth and competitiveness of countries. This discussion is all the more timely as it builds on the momentum created by the WBG and IMF African Caucus, which met in Burundi in August 2021 to discuss this topic. In the Memorandum to the President of the WBG and Managing Director of the IMF, the African Governors expressed their desire to build Africa’s capacity to tap into the potential offered by the digital economy, in keeping with the aspirations set forth in the African Union’s Digital Transformation Strategy for Africa (2020-2030) .  \nWe reaffirm the importance of this agenda to the African continent and welcome the work done by the WBG with its implementation, in particular through the Digital Economy Initiative for Africa (DE4A) . Weare pleased with the progress made in recent years to integrate digital technology into operations, with special emphasis on Africa. We appreciate the institution’s commitment to support our countries by leveraging its knowledge, financial instruments, convening power, and partnerships.  \nWe note that the use of digital solutions on an unprecedented level during the COVID-19 pandemic has highlighted the decisive role of digital technology in effectively mitigating the effects of the crisis. We realize, however, that the pandemic has also exposed the deep digital divide on the African continent, and has underscored the urgent need to bridge this divide if Africa is not to be left behind in the digital transformation process underway globally. We therefore agree that it is in the interest of our countries to build a solid and inclusive digital foundation as quickly as possible, in partnership with the private sector.  \nFor this reason, we support the conceptual framework proposed by the World Bank to allow beneficiary countries to maximize digitalization’s development dividends by focusi","cbCaisk3198PoJWx","https://ap.wps.com/l/cbCaisk3198PoJWx","pdf",149933,1,4,"English","en",105,"# Call to Action\n## Digitalization and Development\n## Making Debt Work for Development and Macroeconomic Stability","[{\"question\":\"What topics does the statement present for the Development Committee agenda?\",\"answer\":\"The statement addresses (1) Digitalization and Development and (2) Making Debt Work for Development and Macroeconomic Stability.\"},{\"question\":\"Why does the statement emphasize coordinated action by the World Bank Group and IMF?\",\"answer\":\"It points to heightened geopolitical tensions and ongoing COVID-19 and Ukraine-related economic impacts, arguing that coordinated interventions are essential to counter the effects on Africa.\"},{\"question\":\"What intervention areas does the statement highlight for digitalization?\",\"answer\":\"It supports a framework focusing on digital infrastructure, digital platforms, digital enablers, and digital safeguards, with cross-cutting themes of social and gender inclusion and regional and global 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