Today, Administrator Samantha Power met with World Bank President Ajay Banga to discuss debt sustainability, climate finance, anti-corruption efforts, including how digitization initiatives can increase accountability, and economic support for Ukraine. They also talked about President Banga's vision for the World Bank, and the need and opportunities for more collaboration with USAID given the scale of the issues the world faces.
The two explored ways to engage the private sector in addressing global challenges, enhance job creation to generate sustainable economic growth, and strengthen internal measurement and evaluations to improve the effectiveness of aid and development efforts.
Administrator Power and President Banga also discussed access to multilateral finance for countries to build resilience before a disaster, respond effectively during the immediate aftermath, and rebuild post-disaster.
