Washington : Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, delivered a statement on behalf of the Arab Group and the Maldives, represented by the Kingdom of Bahrain, before the Development Committee during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, D.C.
In his statement, the Minister emphasised the importance of enhancing international cooperation and unifying efforts to drive economic development towards greater growth and prosperity. He called for adopting a comprehensive and sustainable approach that supports economic growth, creates promising opportunities, and fosters innovative solutions and flexible strategic plans to address various economic and geopolitical challenges.
Shaikh Salman underscored the need to optimise resource use, strengthen capabilities, and invest in human capital as an essential tool for transforming challenges into development opportunities. He highlighted the tangible impact of the programmes and initiatives launched by the WBG in supporting the needs of countries and promoting development across various sectors.
The Minister also underlined the significance of investing in clean energy technologies and enhancing their efficiency in line with sustainable development goals, emphasising the World Bank Group’s role in expanding innovation and developing strategic frameworks in this field.
Shaikh Salman commended the World Bank’s efforts in supporting development stability and called for intensified international cooperation to achieve security, stability, and a more prosperous future for the region and the world.
