[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111361-en":3,"doc-seo-111361-105":29,"detail-sidebar-cat-0-en-105":90},{"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},111361,549758252649,"Ivy","https://ap-avatar.wpscdn.com/avatar/8000253669c5317157?_k=1778319167496531819",8,"Research & Report","Statement by H.E. Reinette Klever - 111th Meeting of the Development Committee - April 24, 2025","Statement by H.E. Reinette Klever for the 111th Meeting of the Development Committee (April 24, 2025) discusses the Bretton Woods institutions’ role over 80 years and links current global challenges to the focus on jobs. The statement argues that job creation underpins economic stability, poverty reduction, inclusive growth, and resilience, especially for women and youth facing employment barriers. It outlines three priority areas: enabling private investment through a stronger Bank brokerage role, advancing good governance to build investor confidence, and promoting trade integration to expand markets and support scalable job-rich growth.","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 ELEVENTH MEETING WASHINGTON, DC – APRIL 24, 2025  \nDC/S/2025-0017 April 24, 2025  \nStatement by  \nH.E. Reinette Klever  \nMinister for Foreign Trade and Development Cooperation of the Kingdom of the Netherlands  \nRepresenting the constituency of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Moldova, Montenegro, the Netherlands, North Macedonia, Romania and Ukraine  \nStatement by  \nH.E. Reinette Klever  \nMinister for Foreign Trade and Development Cooperation  \nof the Kingdom of the Netherlands  \nRepresenting the constituency of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Moldova, Montenegro,  \nthe Netherlands, North Macedonia, Romania and Ukraine  \n111th Meeting of the Development Committee  \nApril 24, 2025  \nWashington, DC  \nIntroduction  \nSince their inception 80 years ago, the Bretton Woods institutions have played a pivotal role in fostering development, economic stability, and international trade. Their contribution to poverty reduction, infrastructure development, and international financial cooperation has improved the lives of millions. With rising global tensions and challenges—such as uneven economic growth, increased trade barriers, and the rising cost of living—we welcome the focus on jobs for these Spring Meetings as a means to address some of these challenges.  \nJobs: A Cornerstone of Development  \nJob creation is fundamental to fostering economic stability, reducing poverty, and promoting inclusive growth. Access to decent work empowers individuals, strengthens communities, and builds resilience against shocks. This is particularly true for women and youth, who often face systemic barriers to employment, and whose equal participation in the labor market generates higher growth and greater resilience. On behalf of EDS19, I would like to emphasize that job creation should remain a top priority for the Bank and highlight three areas where the Bank can enhance its efforts.  \n1. Encouraging Private Investment by Acting as a Broker  \nThe private sector is the primary engine of employment in low-and middle-income countries, accounting for 90% of jobs. Beyond generating jobs—which improve livelihoods and reduce poverty—private businesses drive skill development by investing in workforce training thereby strengthening the overall labor market. They also provide critical tax revenue that funds public services such as healthcare, education, and infrastructure. Through public-private partnerships, private companies contribute to infrastructure development, enhancing connectivity and economic efficiency.  \nGiven the importance of the private sector for client countries, we see an opportunity for the Bank to enhance its role as a broker between private investors and client countries by bridging gaps in information, reducing investment risks, and aligning market needs with development goals.  \nThe Bank can:  \n• Help countries identify impediments to economic growth by focusing on strong potential for local value addition, job creation and promising sectors;  \n• Incorporate these opportunities more prominently into Country Partnership Frameworks (CPF) to link these to market needs; and  \n• Engage with investors as part of the CPF to ensure regulatory, educational, and infrastructure improvements align with market needs.  \nIn doing so, the Bank could address specific investment barriers, strengthen local companies, integrate value chains, and enhance access to financing.  \nIn addition, the Bank itself should play a catalytic role in developing local firms and industries by taking long-term equity positions in local industries, thereby signaling confidence and attracting other investors. We applaud the recent launch of the F","cbCaiikuPmBHFtgd","https://ap.wps.com/l/cbCaiikuPmBHFtgd","pdf",190654,1,5,"English","en",105,"# Introduction\n## Jobs: A Cornerstone of Development\n## Encouraging Private Investment by Acting as a Broker\n## Promoting Good Governance\n## Promoting (International) Trade Integration","[{\"question\":\"Why does the statement emphasize jobs in the current context?\",\"answer\":\"It argues that job creation is fundamental for economic stability, poverty reduction, and inclusive growth. It also frames jobs as a practical response to uneven growth, trade barriers, and higher living costs.\"},{\"question\":\"How does the statement propose the Bank should support private investment?\",\"answer\":\"It calls for the Bank to act as a broker between private investors and client countries by bridging information gaps, reducing investment risks, and aligning market needs with development goals through tools like Country Partnership Frameworks.\"},{\"question\":\"What governance measures does the statement recommend to improve job outcomes?\",\"answer\":\"It recommends advising on transparent laws and strong institutions, improving legal frameworks and judicial efficiency, enhancing property and land rights, and supporting legal and institutional reforms for accountability and effective public sector management.\"}]",1784489777,13,{"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":85,"head_meta":87,"extra_data":89,"updated_unix":27},"statement-by-he-reinette-klever-111th-meeting-of-the-development-committee-april-24-2025","",{"@graph":35,"@context":84},[36,53,67],{"@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-reinette-klever-111th-meeting-of-the-development-committee-april-24-2025/111361/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":61,"encodingFormat":60,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":4},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"Why does the statement emphasize jobs in the current context?","Question",{"text":74,"@type":75},"It argues that job creation is fundamental for economic stability, poverty reduction, and inclusive growth. It also frames jobs as a practical response to uneven growth, trade barriers, and higher living costs.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"How does the statement propose the Bank should support private investment?",{"text":79,"@type":75},"It calls for the Bank to act as a broker between private investors and client countries by bridging information gaps, reducing investment risks, and aligning market needs with development goals through tools like Country Partnership Frameworks.",{"name":81,"@type":72,"acceptedAnswer":82},"What governance measures does the statement recommend to improve job outcomes?",{"text":83,"@type":75},"It recommends advising on transparent laws and strong institutions, improving legal frameworks and judicial efficiency, enhancing property and land rights, and supporting legal and institutional reforms for accountability and effective public sector management.","https://schema.org",{"og:url":51,"og:type":86,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":88,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":91},[92,96,100,104,108,113,118,121,126,129,133],{"id":20,"doc_module":4,"doc_module_name":45,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":45,"category_name":101,"show_sort_weight":102,"slug":103},"Exam",70,"exam",{"id":21,"doc_module":4,"doc_module_name":45,"category_name":105,"show_sort_weight":106,"slug":107},"Comic",60,"comic",{"id":109,"doc_module":4,"doc_module_name":45,"category_name":110,"show_sort_weight":111,"slug":112},6,"Technology",50,"technology",{"id":114,"doc_module":4,"doc_module_name":45,"category_name":115,"show_sort_weight":116,"slug":117},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":119,"slug":120},30,"research-report",{"id":122,"doc_module":4,"doc_module_name":45,"category_name":123,"show_sort_weight":124,"slug":125},9,"Religion & Spirituality",20,"religion-spirituality",{"id":124,"doc_module":4,"doc_module_name":45,"category_name":127,"show_sort_weight":124,"slug":128},"World Cup","world-cup",{"id":130,"doc_module":4,"doc_module_name":45,"category_name":131,"show_sort_weight":130,"slug":132},10,"Lifestyle","lifestyle",{"id":134,"doc_module":4,"doc_module_name":45,"category_name":135,"show_sort_weight":21,"slug":136},19,"General","general"]