Ajay's vision is bold. But its what the world needs right now. Ending poverty in a livable planet is an initiative that directly tackles humanity's complex and interconnected crises by mobilizing the vast resources of the The World Bank. From powerful stakeholders, fiscal instruments and expert knowledge, Ajay intends to light the spark, for what will be a new role for the organization in the world stage. In collaboration, with International Monetary Fund, the global organisation looks to form new partnerships that aim to help the least privileged and most vulnerable people in the world. By bridging the gap between the global north and the global south. The importance of the #privatesector in this new phase has come as welcome note, for it opens up more opportunities for innovative and transformative methods to be scaled and mobilized to areas of the world in need of them. As a step in the right direction, their focus should be in handling the debt crisis in sub saharan countries and ways to integrate new fiscal policies and financial instruments, in alleviating it effects.In the next decade, #Africa is set to have the atleast half of the young generation of world. If they are to be bound in the debts inherited from current generations, the future global economic landscape will be horrific. #HumanityasONE #beLIVE! #WBmeetings
In his #WBmeetings Plenary address, Ajay launched an ambitious program to quicken The World Bank's pace, increase efficiency, and simplify its processes. https://lnkd.in/ePaaCuPs