[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111747-en":3,"doc-seo-111747-105":29,"detail-sidebar-cat-0-en-105":83},{"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},111747,1099514067438,"River Wang","https://ap-avatar.wpscdn.com/avatar/100002539ee87300030?x-image-process=image/resize,m_fixed,w_180,h_180&k=1780474512215547542",8,"Research & Report","Statement by H.E. Katsunobu Kato - 110th Meeting of the Development Committee - Overview","Japan delivers a formal statement to the 110th meeting of the Development Committee, expressing condolences for victims of severe natural disasters and recognizing escalating global crises, including those tied to geopolitics, inequality, debt stress, and fragility. It outlines expectations for the World Bank Group’s evolution in operating and financing models, emphasizes crisis preparedness, digital development, capital adequacy reforms, and support for Ukraine through coordinated initiatives and funding mechanisms.","Public Disclosure Authorized  \nPublic Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committeeof the  \nBoards of Governors of the Bank and the Fundon theTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND TENTH MEETINGWASHINGTON,DC-OCTOBER 25,2024  \nStatement by  \nH.E.Katsunobu KatoMinister of Finance  \nJapan  \nDC/S/2024-0037  \nOctober 25,2024  \nStatement by  \nH.E.Katsunobu KatoMinister of Finance  \nJapan  \n110thMeeting of the Development Committee  \nOctober 25,2024  \nWashington,DC  \n# 1.Introduction\n\nJapan conveys its deepest condolences to the victims and their families severely affected by the recentnatural disasters that have plagued the world,including floods and typhoons.  \nEven after the impact of the COVID-19 pandemic has receded,the world is facing geopolitical crises,suchas Russia's aggression against Ukraine and the conflict in the Middle East,which have all exacerbatedglobal challenges including rising income inequality,a debt crisis,and heightened fragility.At the sametime,the importance of addressing the long-term development agenda including global health,climatechange,and resilience to natural disasters,remain critical.Given the World Bank Group(WBG)'sinstrumental role in tackling these challenges,Japan hereby states its expectations for the WBG and ourcontributions to the WBG in the following areas.  \n# 2.WBGEvolution\n\nJapan commends the efforts made by the WBG to aspire for a \"better and bigger Bank,\"through boldinitiatives such as the revision of its operating and financing models.  \nRegarding the operating model,Japan welcomes that the Crisis Preparedness and Response Toolkit wasduly introduced and expects its widespread use,especially for the cases of fragile low-income countries(LICs).We also support the progress made on the Global Challenge Programs(GCPs)and the launch ofthe WBG Academy,which we expect will further promote the One WBG approach.Japan has contributedto knowledge sharing and capacity building for officials from developing countries through the TokyoDevelopment Learning Center(TDLC)and the Japan Policy and Human Resources Development Fund(PHRD).Building on these measures,we expect further progress to be made in the digital developmentarea through the WBG's inaugural Digital Academy,to be held in Japan by the end of this year.  \nRegarding the financing model,continuation of the reforms in line with the recommendations of the CapitalAdequacy Framework(CAF)review is the utmost priority.Japan appreciates the efforts made by the WBGto strengthen its financial capacity and soundness,including the introduction of restoration measures intimes of stress.It is also essential to monitor the use of the additional financing capacity generated throughalready adopted measures,prior to discussing any further increases in financial capacity.We willcontinueto encourage voluntary donor contributions to the Framework for Financial Incentives(FFI)including thePortfolio Guarantee Platform(PGP)and Livable Planet Fund (LPF),both of which Japan has committedits contribution.In addition,we call on the entire WBG including the IBRD and the IFC to consider waysto enhance the financing capacity of the International Development Association(IDA),given its criticalimportance.  \nEnhancing private capital mobilization is essential for developing countries achieving sustainable growth.From this perspective,we welcome the WBG's ambitious target,led by MIGA,to grow the WBG's annualguarantee issuances to at least $20 billion,as well as the Warehouse-Enabled Securitization Programdeveloped by the IFC.We also expect the IFC to strengthen its support for IDA countries and those infragile and conflict-affected situations through its new vision,and MIGA to play a central role in the WBGGuarantee Platform by enhancing its human resources.  \nStrengthening domestic tax systems and tax institutional capacity,and thus improving domestic resourcemobilization(DRM),is urgently needed for helping developi","cbCaimLOHavM0FQX","https://ap.wps.com/l/cbCaimLOHavM0FQX","pdf",532612,1,6,"English","en",105,"# 1. Introduction\n# 2. WBG Evolution\n## Operating model\n## Financing model\n# 3. Support for Ukraine","[{\"question\":\"How does Japan describe its support related to Ukraine?\",\"answer\":\"Japan condemns Russia’s aggression and calls for an immediate end. 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