Remarks from World Bank Group President David Malpass at the G20 Leaders Summit, Osaka, Japan

Thank you, Prime Minister Abe, for being such a gracious host. index

It is a great pleasure to be here during the new era of Reiwa, “Beautiful Harmony.” And it’s a true pleasure that the World Bank and Japan have maintained harmony since the early 1960s, notably when the World Bank made a loan to help fund the construction of the bullet train ahead of the 1964 Tokyo Olympics. I’ll ride that train tonight as I go to Tokyo. The bullet train and Japan’s many other advances enhanced connectivity and helped lead to Japan’s fast growth and its successful graduation from World Bank lending soon after the Olympics in 1966.

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New World Bank Group Facility to Enable more than $1 billion for Women Entrepreneurship

HAMBURG, Germany, July 8, 2017—On the occasion of the G20 leaders’ summit, the nasikiliza-unleashing-the-potential-of-women-entrepreneurs-in-africa-feature-780x439World Bank Group today announced the creation of an innovative new facility that aims to enable more than $1 billion to advance women’s entrepreneurship and help women in developing countries gain increased access to the finance, markets, and networks necessary to start and grow a business.

The United States initiated the idea for the facility and will serve as a founding member along with other donor countries.

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