Egypt's int'l cooperation minister takes part in WB governors' meeting

Egyptian International Cooperation Minister Sahr Nasr read out the African countries' word at a meeting grouping the World Bank board of African governors and president of the WB Jim Yong Kim.

The meeting took place on the sidelines of Nasr's participation at the annual meetings of the bank in Washington, DC.

In a statement Monday, the International Cooperation Ministry said Nasr congratulated the WB president on his second term in office, calling for boosting the capabilities of African nations to ban illegal speculations that adversely affect the economy of the continent.

The WB president called on donors to increase funds allocated to efforts to fight climate changes in Africa.

Meanwhile, Nasr addressed the WB president's meeting with governors of Arab countries to the bank.

She talked about challenges besetting the Arab world, especially terrorism, calling for stepping up efforts to fight funding sources of terrorism.

She also urged firm action against the sides that fund terrorist organizations.

She called for increasing WB support of the Arab countries to carry out economic reforms and achieve stability.

Source: MENA