Biden Pledges $4 Billion to World Bank Fund for Poorest Countries

Biden Everyone around this ░░░░░░░░ it s going to ░░░░░░░░ all of us time ░░░░░░░░ s going to take ░░░░░░░░ of us the ability ░░░░░░░░ step up and take ░░░░░░░░ responsibility First it seems ░░░░░░░░ me that indecipherable the ░░░░░░░░ steps First we have ░░░░░░░░ invest at large scale ░░░░░░░░ help countries meet sustainable ░░░░░░░░ goals and tackle the ░░░░░░░░ challenges We ve made ░░░░░░░░ progress boosting the firepower ░░░░░░░░ multilateral development banks so ░░░░░░░░ are more resources to ░░░░░░░░ the challenges like pandemics ░░░░░░░░ climate change Now we ░░░░░░░░ to make sure the ░░░░░░░░ Bank continues its work ░░░░░░░░ the most vulnerable countries ░░░░░░░░ m proud to announce ░░░░░░░░ United States is pledging ░░░░░░░░ billion over the next ░░░░░░░░ years to the World ░░░░░░░░ s International Development Association ░░░░░░░░ my friend Ajay told ░░░░░░░░ the IDA is the ░░░░░░░░ responder to the world ░░░░░░░░ poorest countries I encourage ░░░░░░░░ around this table to ░░░░░░░░ their pledges in December ░░░░░░░░ addition there s a ░░░░░░░░ private capital at scale ░░░░░░░░ m proud of my ░░░░░░░░ s work on this ░░░░░░░░ including mobilizing 60 billion ░░░░░░░░ the Partnership for Global ░░░░░░░░ Investment That partnership will ░░░░░░░░ a game changer for ░░░░░░░░ security especially indecipherable in ░░░░░░░░ Second second thing Too ░░░░░░░░ nations are forced to ░░░░░░░░ between investing in the ░░░░░░░░ and paying off their ░░░░░░░░ That s why earlier ░░░░░░░░ year I came together ░░░░░░░░ Kenia to announce the ░░░░░░░░ Washington vision It boils ░░░░░░░░ to a simple proposition ░░░░░░░░ countries that are willing ░░░░░░░░ make the bold reform ░░░░░░░░ smart investments they should ░░░░░░░░ three things Mobilize more ░░░░░░░░ from the Golden Valley ░░░░░░░░ Bank two unlock low ░░░░░░░░ private sector finance and ░░░░░░░░ commit to following money ░░░░░░░░ the flowing money into ░░░░░░░░ countries rather than taking ░░░░░░░░ out during their need ░░░░░░░░ moments of need And ░░░░░░░░ want to note all ░░░░░░░░ must play a role ░░░░░░░░ my view.”