World Bank President visits Westminster

Fabian meets Dr Jim Yong Kim President of the World Bank

On the 19th June 2013, Fabian was privileged to meet Dr Jim Yong Kim the Director of the World Bank who was in the United Kingdom to be present at the G8 Summit Meeting that took place recently at Enniskillen in Northern Ireland. He had asked specifically to meet members of the Parliamentary International Development Committee of which Fabian is a member.

Dr Jim Yong Kim (aged 54 yrs) is a Korean- American physician and anthropologist who was appointed the President of the World Bank in July 2012 after being nominated for the position by USA President Barack Obama. Prior to this position he was the first Asian - American President of the Ivy League Dartmouth College. His previous career had comprised professorships and chairing USA university medical school departments. In 1987 Dr Kim founded a non-profit organisation called Partners in Health tackling disease such as tuberculosis and HIV/Aids in developing countries. He became Director of the HIV / Aids programme at the World Health organisation that sought to treat 3 million patients with anti viral drugs; a goal that was reached in 2007.

To learn more about Dr Jim Yong Kim - Click Here

The World Bank (The International Bank for Reconstruction and Development) was established in 1944 at the same time as the International Monetary Fund. Its mission is to reduce poverty in middle-income countries and creditworthy poorer countries by promoting sustainable development through loans, guarantees, risk management products, and analytical and advisory services. It has helped millions of poor people gain access to jobs, markets, and social services; helped provide them with essential services such as water, electricity and roads and worked with governments to improve governance and public financial management.

For further details about the World Bank - Click Here

The UK government is committed to raising its level of overseas aid to countries in need to 0.7% of Gross Domestic Product (GDP). This is a noble aspiration but one that has drawn criticism from those who fail to take account of the tremendous need worldwide and the fact that the UK, notwithstanding its current fiscal difficulties, remains one of the world's wealthiest nations. The International Development Select Committee, of which Fabian is a member, examines the expenditure, administration and policy of the Department for International Development
(DfID) and its associated public bodies. The Committee also takes an interest in the policies and procedures of the multilateral agencies and non-government organisations to which DfID contributes.

To learn more about the work of the International Development Committee - Click Here

After meeting Dr Jim Yong Kim, Fabian said,

"It was an honour to meet this highly respected man who has taken on a key responsibility for helping poorer countries through sustainable developments and not handouts. His visit has helped me grow my perspective on the work of the International Development Committee. It reaffirms my belief in the comapasion that underpins the UK's commitment to development in poorer countries even though difficult spending decisions are required here at home."