SPOTLIGHT
Rémy Rioux, French Development Agency, CEO; Muhammad Al Jasser, Islamic Development Bank, Chairman
Abdulhamid Alkhalifa, OPEC Fund Director- General; Rania Al-Mashat, Egypt's Minister of International Cooperation
The technicalities are clear. For real progress we need political leadership.
Rémy Rioux, French Development Agency, CEO
development, the Saudi Minister spoke of the need to “enhance the role of MDBs” because climate change and other environmental challenges are compounding geopolitical tensions. Egypt’s Minister of International Cooperation, Rania Al-Mashat, stressed: “Cooperation is essential to everything.” The first panel under the theme, “Towards a Transformative Development Model” explored new ways to strengthen cooperation between multilateral development institutions and the private sector. There was mutual agreement that both sides need each other. The Eastern and Southern African Trade and Development Bank’s (TBD) President Emeritus and Group Managing Director Admassu Tadesse called on MDBs to expand their support: “Risk appetite
Admassu Tadesse, Eastern and Southern African Trade and Development Bank (TDB), President Emeritus and Group Managing Director; Hela Cheikhrouhou, International Finance Corporation (IFC), Regional Vice President
is key,” he said. But experience reminded him: “It’s easy to talk, but difficult to walk.” Hela Cheikhrouhou, Regional Vice President at the International Finance Corporation (IFC), listed the
The Minister of Finance of Saudi Arabia, Mohammed Al-Jadaan, and the Prime Minister of Bhutan, Lotay Tshering
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