[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111697-en":3,"doc-seo-111697-105":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},111697,1099514067415,"Rowan","https://ap-avatar.wpscdn.com/avatar/100002539d78ffe74a7?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779092875211072502",8,"Research & Report","Statement by H.E. Katsunobu Kato - October 16, 2025 - One Hundred and Twelfth Meeting of the Development Committee","This statement from Japan’s Minister of Finance, H.E. Katsunobu Kato, addresses global development challenges in light of geopolitical crises, economic uncertainty, and long-term risks such as poverty, health threats, debt, and natural disasters. It highlights Japan’s commitments to support IDA21 priorities and calls on donors to complete domestic procedures. The statement also sets expectations for the World Bank Group, emphasizing efficient and effective multilateral development bank functions, private capital mobilization, voice reforms, and development priorities including global health, universal health coverage, and pandemic prevention.","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 TWELFTH MEETINGWASHINGTON,DC-OCTOBER 16,2025  \nStatement by  \nH.E.Katsunobu KatoMinister of Finance  \nJapan  \nDC/S/2025-0038  \nOctober 16,2025  \nStatement by  \nH.E.Katsunobu KatoMinister of Finance  \nJapan  \n112hMeeting of the Development Committee  \nOctober 16,2025  \nWashington,DC  \n# 1.Introduction\n\nThe world continues to face geopolitical crises and heightened global economic uncertainty.At the sametime,it is imperative to address long-term development challenges such as rising poverty,global health,debt,and natural disasters.In this context,Japan deposited its Instrument of Commitment this June tosupport the International Development Association(IDA)in addressing the priority areas of its 215replenishment(IDA21):\"People,\"including global health;\"Prosperity,\"including debt issues;and\"Infrastructure,\"including resilience to natural disasters.We call on other donors to promptly completetheir domestic procedures required to deliver their contributions to IDA21 in accordance with theirrespective pledges.  \nJapan condemns,in the strongest terms,Russia's illegal,unjustifiable,and unprovoked aggression againstUkraine.Russia's ongoing aggression has been a source of uncertainties not only for Ukraine but also forthe global economy,and we call for an immediate end to Russia's aggression.We highly commend theUkrainian Government for its engagement in achieving economic stability and advancing structuralreforms,despite the hostile conditions.  \nJapan appreciates the World Bank Group(WBG)'s efforts under President Banga's leadership to addressdevelopment challenges through the lens of job creation.Through the Japan Social Development Fund(JSDF),Japan has supported job creation in developing countries by promoting entrepreneurship andvocational training.  \nJapan hereby states its expectations for the WBG,which plays a critical role in addressing the challengesdeveloping countries face,and our contributions to the WBG in the following areas.  \n# 2.Enhancing the Functions and Role of the WBG\n\nThe development challenges facing the world are becoming increasingly diverse and complex,while publicfinancial resources for development assistance are limited.In this context,it is essential to provide efficientand effective support that promotes growth and self-sufficiency,responding to the needs of emerging anddeveloping countries.To this end,it is vital that the WBG functions efficiently and effectively as the coreof the multilateral development banks(MDBs).  \nFrom the perspective of efficient utilization of existing capital,Japan welcomes the expansion of lendingcapacity through efforts based on the recommendations of the Capital Adequacy Framework(CAF)review.We look forward to this enhanced lending capacity being used to provide sufficient support to countriesthat are truly in need.  \nTo maximize development impact,it is important that all WBG institutions collaborate organically underthe One WBG approach.In particular,given the limited availability of public financial resources fordevelopment assistance,private capital mobilization is increasingly necessary.We expect the InternationalFinance Corporation(IFC)and the Multilateral Investment Guarantee Agency(MIGA)to play a more  \nactive role in this regard.In this context,Japan welcomes the establishment of the IFC Tokyo BusinessDevelopment Hub this June.We hope this initiative will lead to more contribution from Japan's privatesector to solving development challenges by using its technology and expertise.  \nTo enhance the efficiency of MDBs,it is important that they function as a system.Japan welcomes theapproval of the first co-implemented project under the Full Mutual Reliance Framework between the WorldBank and the Asian Development Bank(ADB)last month,","cbCaitxfvfgosOT1","https://ap.wps.com/l/cbCaitxfvfgosOT1","pdf",451464,1,5,"English","en",105,"# 1. Introduction\n# 2. Enhancing the Functions and Role of the WBG\n# 3. Addressing Development Challenges Prioritized by Japan\n## (1) Global health","[{\"question\":\"What development priorities does Japan emphasize for IDA21?\",\"answer\":\"Japan highlights IDA21 priorities under “People,” “Prosperity,” and “Infrastructure,” including global health, debt-related issues, and resilience to natural disasters.\"},{\"question\":\"What does Japan call for regarding donors’ contributions to IDA21?\",\"answer\":\"Japan urges other donors to promptly complete domestic procedures required to deliver their contributions to IDA21 in line with their pledges.\"},{\"question\":\"How does the statement describe Japan’s expectations for the World Bank Group’s role?\",\"answer\":\"Japan expects the WBG to function efficiently and effectively as a core multilateral development bank, strengthen collaboration under the One WBG approach, mobilize private capital, and implement reforms that enhance the voices of developing countries.\"}]",1784491311,13,{"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},"statement-by-he-katsunobu-kato-october-16-2025-one-hundred-and-twelfth-meeting-of-the-development-committee","",{"@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/statement-by-he-katsunobu-kato-october-16-2025-one-hundred-and-twelfth-meeting-of-the-development-committee/111697/",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","2026-07-20","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 development priorities does Japan emphasize for IDA21?","Question",{"text":75,"@type":76},"Japan highlights IDA21 priorities under “People,” “Prosperity,” and “Infrastructure,” including global health, debt-related issues, and resilience to natural disasters.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What does Japan call for regarding donors’ contributions to IDA21?",{"text":80,"@type":76},"Japan urges other donors to promptly complete domestic procedures required to deliver their contributions to IDA21 in line with their pledges.",{"name":82,"@type":73,"acceptedAnswer":83},"How does the statement describe Japan’s expectations for the World Bank Group’s role?",{"text":84,"@type":76},"Japan expects the WBG to function efficiently and effectively as a core multilateral development bank, strengthen collaboration under the One WBG approach, mobilize private capital, and implement reforms that enhance the voices of developing 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