Global Issues & ODA
Meeting between Foreign Minister Hayashi and World Bank President Malpass
May 20, 2023
On May 20, commencing from 12:20 p.m., Mr. HAYASHI Yoshimasa, Minister for Foreign Affairs of Japan, held a meeting with Mr. David Malpass, President of the World Bank, who is visiting Japan as a representative of an international institution invited to the G7 Hiroshima Summit, for approximately 25 minutes. The overview is as follows.
- Minister Hayashi appreciated the ongoing discussions on World Bank Evolution towards the achievement of the Sustainable Development Goals (SDGs) under President Malpass’s leadership, and expressed his intention to continue to deepen coordination with the World Bank which is an important partner of Japan in a wide range of areas, including healthcare, debt issues, climate change, and quality infrastructure.
- In response, President Malpass expressed his gratitude for Japan’s leadership and the cooperation extended by Japan to the World Bank to date, and his intention to further deepen cooperation with Japan.
The world’s largest development institution, whose goals are to end extreme poverty and promote shared prosperity in developing countries (headquartered in Washington D.C.). Its central institution, the International Bank for Reconstruction and Development (IBRD), was founded in 1945 (member countries: 189). Following the United States, Japan is the second largest financial contributor to the World Bank.