New Delhi, 20 July-2014, IANS: World Bank group President Jim Yong Kim will be on…
PTI, Washington: The ambitious $1 bn Swachh Bharat Rural Sanitation programme is inspired by a similar
successful programme in Egypt, World Bank President Jim Yong Kim said while citing examples of sharing global best practices.
“Knowledge is flowing across the organisation and to our client countries, driving creativity and innovation,” Kim said while addressing a plenary session of the World Bank Group.
He stated that the World Bank has successfully transferred knowledge and experience across regions.
“Through our new structure of Global Practices, knowledge sharing across countries has become easier and faster. For example, when the Government of India came to the Bank to prepare a major programme to expand sanitation services for the poor, we were able to transfer knowledge and experience from Egypt’s Rural Sanitation Project and apply it in India,” he said.
Kim stated that this sharing of knowledge resulted in the $1 bn Swachh Bharat Rural Sanitation Project in India, which applied knowledge of good service delivery — in the areas of local governance, transparency and accountability to citizens — that had already been taken to scale in Egypt.
“Thanks to our Global Practices, we are now working to share knowledge from these two projects globally. The changes we put in place were done for a reason: to help us better deliver results for you on the ground,” he said.
“It’s important to note that as we were implementing these reforms, you showed your support with a record 52-billion- dollar replenishment of International Development Association (IDA). And you encouraged us to boost International Bank for Reconstruction and Development’s lending power through our ‘Margins for Maneuver’ programme,” he said, adding that the IBRD’s loan revenues will exceed administrative expenses in the next fiscal year for the first time in a long while.
Citing another Indian example, Kim said he is encouraged by the work that the World Bank is doing now to crowd in private sector investment.