[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110713-en":3,"doc-seo-110713-105":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":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},110713,1099514067415,"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 Janet Yellen - 104th Meeting of the Development Committee - October 15, 2021","Statement by U.S. Treasury Secretary Janet Yellen addresses how the COVID-19 pandemic continues to shape the Annual Meetings of the IMF and World Bank and intensifies human and economic costs. It highlights progress in the U.S. economy supported by fiscal and monetary policies and vaccination, while urging global cooperation to manage new variants. The statement outlines U.S. support for vaccines, therapeutics, and global health financing mechanisms, and calls for coordinated World Bank and IMF leadership on durable recovery, preparedness, inclusion, and debt vulnerability reduction.","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 FOURTH MEETINGWASHINGTON,DC-OCTOBER15,2021  \nStatement by  \nJanet YellenSecretary of the Treasury  \nUnited States  \nDC/S/2021-0066  \nOctober 15,2021  \n# U.S.TREASURY DEPARTMENT OFFICE OF PUBLIC AFFAIRS\n\nStatement by  \nSecretary Janet Yellen  \n104hMeeting of the Development Committee  \nOctober 15,2021  \nWashington,DC  \nThe COVID-19 pandemic again overshadows the Annual Meetings of the International Monetary Fund andWorld Bank,continuing to exact its human and economic toll on our communities.I share the grief of thosewho have lost family and friends.New COVID variants heighten risks and threaten to exacerbate thealready divergent economic recovery underway.We indeed face tough global challenges ahead,and thebest way forward is working together.  \nThe U.S.economy has surpassed its pre-pandemic level bolstered by substantial fiscal and monetary policysupport and early vaccination efforts.The American Rescue Plan,passed earlier this year,continues toprovide support for families and businesses struggling with the impact of the pandemic.Major economieshave a tremendous opportunity to utilize their fiscal space to continue to support their economies throughthe uncertainty of the pandemic.We also have an opportunity to foster a greener,more inclusive,moreresilient recovery.To this end,the Biden Administration is now advancing a broad agenda to makesignificant investments in our infrastructure,human capital,clean energy,housing,and healthcare tostrengthen our economy and address longstanding structural challenges.  \nWe must intensify our efforts to increase the pace of vaccinations and the deployment of life-savingtherapeutics to truly halt this pandemic.The United States is playing its part in addressing the immediatehealth impact of the pandemic by sharing over 180 million vaccine doses and committing to provide over  \n1.1 billion doses by the end of 2022.The Biden Administration has also been supportive of efforts tostrengthen global pandemic preparedness.We support the establishment of a Global Health and FinanceBoard to create a regular forum for health and finance policymakers to coordinate actions in monitoringand responding to future health threats that pose a significant global risk.In addition,we support theestablishment of a Financial Intermediary Fund,or FIF,housed at the World Bank,to provide dedicatedfinancing for investments to prevent,detect,and prepare for future health threats,and catalyze diseasesurveillance and improved health system capacities.A FIF could also have flexibility to provide directsupport to a variety of implementing partners,which may not be eligible for financing through existingmechanisms.  \nIn addition to over $250 billion in financial support,the World Bank and the IMF partnered with keymultilateral organizations to establish the Multilateral Leaders Task Force on COVID-19(MLTF)toprovide key data and address bottlenecks in global vaccine availability and delivery.The MLTF has a  \nstrong role to play in stepping up our collective pandemic response,including by helping countries getready to take delivery of increasing amounts of vaccines in the months ahead and are prepared to get shotsin arms.  \nAs the crisis continues,the leadership,coordination,and innovation of the World Bank and the IMF willbe vital for a successful and durable recovery.After the International Development Association(IDA)stepped up its financing and frontloaded resources over the past year,the United States,other donors,andManagement advanced the IDA-20 replenishment by one year.In IDA-20,I encourage World Bankleadership to support IDA countries in enhancing investments to address crisis and pandemic preparedness,increasing debt vulnerabilities,and inclusion for all,including women,girls,a","cbCaioV4b89Ji1G0","https://ap.wps.com/l/cbCaioV4b89Ji1G0","pdf",1149509,1,4,"English","en",105,"# Statement by Secretary Janet Yellen\n## Pandemic impact and shared challenges\n## U.S. economic support and recovery agenda\n## Global vaccine, therapeutics, and health financing\n## World Bank IDA replenishment and capital reforms\n## IMF SDR use and resilience financing\n## Debt vulnerabilities and future coordination","[{\"question\":\"What does Secretary Janet Yellen say about the impact of COVID-19 on the Development Committee meeting?\",\"answer\":\"She says the pandemic again overshadows the Annual Meetings, continuing to exact human and economic toll and heightening risks from new variants that threaten an already divergent recovery.\"},{\"question\":\"What support does the United States commit to for vaccines and pandemic response?\",\"answer\":\"She states the U.S. shares over 180 million vaccine doses and commits to provide over 1.1 billion doses by the end of 2022, while also supporting global pandemic preparedness initiatives.\"},{\"question\":\"How does the statement describe the roles of the IMF and World Bank in a durable recovery?\",\"answer\":\"It emphasizes strengthened leadership, coordination, and innovation, including World Bank IDA financing and IMF SDR allocation guidance, along with the proposed Resilience and Sustainability Trust to support vulnerable countries.\"}]",1784486721,10,{"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-janet-yellen-104th-meeting-of-the-development-committee-october-15-2021","",{"@graph":35,"@context":84},[36,52,67],{"@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":21},"https://docshare.wps.com/document/statement-by-janet-yellen-104th-meeting-of-the-development-committee-october-15-2021/110713/",{"url":51,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"inLanguage":23,"description":14,"dateModified":60,"datePublished":61,"encodingFormat":59,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":40,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-07-22","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":20},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What does Secretary Janet Yellen say about the impact of COVID-19 on the Development Committee meeting?","Question",{"text":74,"@type":75},"She says the pandemic again overshadows the Annual Meetings, continuing to exact human and economic toll and heightening risks from new variants that threaten an already divergent recovery.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"What support does the United States commit to for vaccines and pandemic response?",{"text":79,"@type":75},"She states the U.S. shares over 180 million vaccine doses and commits to provide over 1.1 billion doses by the end of 2022, while also supporting global pandemic preparedness initiatives.",{"name":81,"@type":72,"acceptedAnswer":82},"How does the statement describe the roles of the IMF and World Bank in a durable recovery?",{"text":83,"@type":75},"It emphasizes strengthened leadership, coordination, and innovation, including World Bank IDA financing and IMF SDR allocation guidance, along with the proposed 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