‘India, a lab to learn about what works in development’

Tue 28 Feb 2017


Kristalina Georgieva  

World Bank Chief Executive Officer Kristalina Georgieva has described India as a “laboratory”, for the world to learn about what works in development and to find new ways to collaborate.

Ms. Georgieva, who is in India on her first official visit, said in a statement: “India is our biggest middle income client. Its economic growth influences global growth. Its achievements in health and education contribute to the world achieving the Sustainable Development Goals.”

“I am keen to learn more as India is a laboratory for the world to learn about what works in development and to find new ways to collaborate,” she added.

While on a visit to Pakistan in January, Ms. Georgieva said she had “constructive discussions” with that country’s leadership on the Indus Waters Treaty.

India, Pakistan and the World Bank are signatories to the Treaty and are in discussions on resolving disagreements the two countries have over India’s construction of two hydroelectric power plants.

Maintaining its neutrality as a signatory, the Bank had announced a pause in the separate processes initiated by India and Pakistan under the Treaty to allow the two nations to resolve their disagreements amicably.

[source:TheHindu]

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