[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111360-en":3,"doc-seo-111360-105":28,"detail-sidebar-cat-0-en-105":88},{"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":11},111360,549758252649,"Ivy","https://ap-avatar.wpscdn.com/avatar/8000253669c5317157?_k=1778319167496531819",8,"Research & Report","Statement by Honourable Datuk Seri Amir Hamzah Azizan at the 111th Meeting of the Development Committee - April 24, 2025","Statement by Honourable Datuk Seri Amir Hamzah Azizan, Minister of Finance II (Malaysia), delivered at the One Hundred and Eleventh Meeting of the Development Committee on 24 April 2025 in Washington, DC. The statement commends World Bank Group progress, highlights expanded financing for climate and development, and stresses support for climate resilience, sustainable infrastructure, and poverty reduction. It emphasizes inclusive job creation with fair wages and social protection, and links ASEAN’s theme of inclusivity and sustainability to resilient, rules-based multilateral trade.","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)  \n## ONE HUNDRED AND ELEVENTH MEETINGWASHINGTON,DC-APRIL 24,2025\n\nDC/S/2025-0027  \nApril 24,2025  \n## Statement by\n\n#### Honourable Datuk Seri Amir Hamzah AzizanMinister of Finance II\n\n## Malaysia\n\nRepresenting the Constituency of Brunei Darussalam,Fiji,Indonesia,Lao PDR,Malaysia,Myanmar,Nepal,Singapore,Thailand,Tonga and Vietnam  \n### Statement by\n\nHonourable Datuk SeriAmir Hamzah AzizanMinister of Finance II  \nMalaysia  \n# Representing the Constituency of Brunei Darussalam,Fiji,Indonesia,Lao PDR,Malaysia,Myanmar,Nepal,Singapore,Thailand,Tonga and Vietnam\n\n111ʰMeeting of the Development Committee  \n### April 24,2025\n\n# Washington,DC\n\nHonorable Chair,Distinguished Delegates,Ladies and Gentlemen,  \nIt is a privilege to address this esteemed committee at such a pivotal moment.As we confront a myriad ofglobal challenges,our collective commitment to fostering inclusive growth,eradicating poverty,andpromoting sustainable development remains paramount.  \nWe congratulate the World Bank Group on the significant progress made through its Evolution Exercise,which has strengthened its ability to address global and regional challenges.The increased lending capacityof$30 billion¹,record-high climate financing of $42.6 billion²,and a more attractive pricing structure marksignificant strides in advancing global development,alongside the historic replenishment of up to $100billion for IDA³.For our constituency member countries,these milestones are particularly impactful,translating into stronger support for climate resilience,sustainable infrastructure,and economic recovery,ensuring that no community is left behind.We appreciate the World Bank's commitment to addressing theunique challenges in our constituency and stand ready to benefit from enhanced concessional financing andtargeted initiatives that drive inclusive,sustainable,and long-term growth and stability for our people.  \nThe World Bank Group has been instrumental in the global fight against poverty.Through targetedinvestments injob creation,infrastructure development,and economic resilience,the Bank has significantlycontributed to lifting millions out of extreme poverty.In the East Asia and Pacific region,the Bank hasenhanced human capital,strengthened social protection,and supported economic empowerment initiatives,improving livelihoods for millions.  \nHowever,our mission extends beyond job creation;it encompasses ensuring that these jobs providerespectable wages,social protection,and long-term economic security.We commend the Bank for itsinitiatives in job-rich economic development,particularly those enhancing labor market adaptability,entrepreneurship,and skills training.Such strategies are vital in making economic opportunities accessible,inclusive,and transformative.  \nAs the Chair of the Association of Southeast Asian Nations(ASEAN)in 2025,Malaysia has adopted thetheme “Inclusivity and Sustainability”to reflect its commitment to building a more inclusive and  \nsustainable ASEAN community.This theme underscores our collective vision of a region wheredevelopment is people-centered,equitable,and enduring.Through our Chairmanship,Malaysia aims todrive initiatives that support sustainable regional integration,promote socio-economic justice,and ensurebalanced development across all sectors,ultimately safeguarding the long-term well-being and prosperityof ASEAN.  \nAmid global economic uncertainties,ASEAN stands as a beacon of resilience and opportunity.With acombined GDP exceeding $3.6 trillion and a population of over 670 million,ASEAN is a significant driverof global growth.The region's active workforce,surpassing 350 million individuals,continues to fuelinnovation,trade,and investment.One of ASEAN's greatest successes in deepened multilateral economiccooperati","cbCaitb3p6Obykg1","https://ap.wps.com/l/cbCaitb3p6Obykg1","pdf",1755477,1,3,"English","en",105,"# Address by Honourable Datuk Seri Amir Hamzah Azizan\n## World Bank Group progress and financing\n## Poverty reduction and inclusive job creation\n## ASEAN theme and regional economic cooperation\n## Trade friction and need for multilateralism\n## Governance and shareholding review","[{\"question\":\"What does the statement highlight about World Bank Group progress?\",\"answer\":\"It praises progress through the Evolution Exercise, increased lending capacity, record climate financing, and replenishment for IDA, emphasizing stronger support for climate resilience, sustainable infrastructure, and economic recovery.\"},{\"question\":\"How does the statement describe the importance of inclusive employment?\",\"answer\":\"It argues that job-rich development must ensure respectable wages, social protection, and long-term economic security, supported by measures like labor market adaptability, entrepreneurship, and skills training.\"},{\"question\":\"What concerns does the statement raise regarding trade?\",\"answer\":\"It expresses concern about recent trade friction and potential negative effects on regional economies, including slower global growth, contraction in international trade, and reduced investment 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does the statement highlight about World Bank Group progress?","Question",{"text":72,"@type":73},"It praises progress through the Evolution Exercise, increased lending capacity, record climate financing, and replenishment for IDA, emphasizing stronger support for climate resilience, sustainable infrastructure, and economic recovery.","Answer",{"name":75,"@type":70,"acceptedAnswer":76},"How does the statement describe the importance of inclusive employment?",{"text":77,"@type":73},"It argues that job-rich development must ensure respectable wages, social protection, and long-term economic security, supported by measures like labor market adaptability, entrepreneurship, and skills training.",{"name":79,"@type":70,"acceptedAnswer":80},"What concerns does the statement raise regarding trade?",{"text":81,"@type":73},"It expresses concern about recent trade friction and potential negative effects on regional economies, including slower global growth, contraction in international trade, and 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