During her recent visit to Cairo, the World Bank's Vice President for the Middle East and North Africa Region Inger Andersen reiterated the Bank's support for an inclusive economy in Egypt that enables all citizens to take part in shaping their future.
Regional Vice President Inger Andersen reaffirms the Bank’s commitment to the success of Yemen’s historic reconciliation process.
Today in Sana’a, the international community and the Government of Yemen once again came together to track progress on Yemen’s transition and the agreements between the country and its donors. The 2012 peace initiative determined the transition to include a national dialogue bringing together a broad geographic and political cross section of the country (this is already underway), the drafting of a new constitution, and new elections. All of this is meant to be completed by February, 2014.
The Middle East and North Africa Transition Fund held its second steering committee meeting in the Moroccan capital, Rabat last month. Four new grants were awarded at the meeting in support of the ongoing reform process in Morocco. Jonathan Walters, World Bank coordinator for the Transition Fund was in Rabat and provided us with some background on what the Fund hopes to achieve both in Morocco and the region.
This month marks the midpoint of the transition process in Yemen. As agreed upon in the peace initiative in November 2011, the transition will include a national dialogue that brings together a broad geographic and political cross section of the country, the drafting of a new constitution, and concluding with new parliamentary and presidential elections.
Inger Andersen, World Bank Vice President for the Middle East and North Africa region, shares her impressions of her recent visit to Djibouti.
I am on my way to Riyadh, Saudi Arabia for a meeting next week with a diverse range of government representatives and members of global development organizations that will focus on a single subject: a stable and prosperous future for Yemen, and how to achieve it. It will be an opportunity for a broad cross section of the international community to discuss with the transitional government the many challenges the country faces.
Since my Blog on regional integration, I have been thinking about the possible role of an Arab Development Bank in the region, especially but not exclusively to spur regional and global integration. Colleagues who know a thing of two about the region, economic development and Arab organizations had mixed views. Some liked the idea, others thought the idea not very useful, especially since it is often voiced and then shot down. The feeling was that yet another institution would be confusing and redundant.