World Bank President Jim Yong Kim says with more than a billion people in the world living on less than $1.25 a day, extreme poverty has become the defining moral issue of our time, SABC reports.
Kim has also outlined how the Bank’s new strategy would realign the global institution to help end poverty by 2030 and boost shared prosperity.
Kim says the Bank should be bold and not be afraid to take ‘smart risks’ to support projects that have the potential to transform a country or a region: “Our goals are clear. End extreme poverty by 2030. Share prosperity with the bottom 40% and share it with future generations. We have an opportunity to bend the arc of history and commit ourselves to do something that other generations have only dreamed of.”
I hope and pray!