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People-focused issues high on 31st ASEAN Summit agenda

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The 31st ASEAN Summit will officially begin tomorrow in Manila as President Rodrigo Duterte of the Philippines hosts his fellow Leaders of the Association of Southeast Asian Nations (ASEAN).

The agenda of the Summit will cover political and security, economic and socio-cultural matters which ASEAN would like to address in order to bring about inclusive, sustainable and equitable development for all peoples of the ASEAN Community.

President Duterte will lead the opening ceremony slated tomorrow at the Cultural Center of the Philippines. After their plenary, the 10 Leaders of ASEAN will have a series of meetings spread over two days with the Heads of State/Government of its Dialogue Partners and will also engage the Secretary-General of the United Nations.

Further, with five decades of its own history and a long track record of cooperation with its partners, commemorative summits will be held during the two-day Summit, including the 40th anniversaries Commemorative Summits with the United States, Canada and the European Union. An anticipated highlight of this Summit is a meeting of the ASEAN Leaders and their counterparts from countries participating in the Regional Comprehensive Economic Partnership negotiations.

During this Summit, the Leaders will take up issues such as the rise of radicalisation and violent extremism, global and regional economic outlook, economic integration, women empowerment, migrant workers, malnutrition, climate change, youth and poverty. The ASEAN Leaders are expected to adopt a number of declarations and statements that will provide impetus for national and regional actions meant to address these issues.

The ASEAN Leaders are also scheduled to meet with the region’s industry leaders representing the ASEAN Business Advisory Council. There will also be a meeting with the business community from East Asia.

“ASEAN has achieved much over the past 50 years. While we have been hard at work to continuously strengthen cooperation and coordination mechanisms, challenges remain. ASEAN must continue to be vigilant and stand united to address various issues the region faces by maintaining ASEAN centrality when coming up with collaborative solutions to address common challenges, and continuing with our community building efforts,” said Le Luong Minh, Secretary-General of ASEAN.

The 31st ASEAN Summit is the second Summit that President Duterte hosts during Philippines’ ASEAN Chairmanship in 2017. The first Summit in April was attended by ASEAN Leaders, while the second Summit is also attended by the Leaders of ASEAN’s Dialogue Partners.

ASEAN was established in Bangkok, Thailand on 8 August 1967 when the five founding members – Indonesia, Malaysia, Philippines, Singapore and Thailand – signed the ASEAN Declaration. Since then, ASEAN has expanded its membership with the inclusion of Brunei Darussalam, Cambodia, Lao PDR, Myanmar and Viet Nam. The ten Member States established the ASEAN Community in December 2015 with a goal of bringing more opportunities and benefits to the peoples in the region.

The ASEAN Summit is ASEAN’s highest policy-making body. Singapore will hold the ASEAN Chairmanship in 2018.

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Niger: World Bank Approves $250 Million to Boost Long-Term Growth

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The World Bank Board of Directors today approved a total amount of $250 million in International Development Association (IDA) credit and grant to help Niger develop its human capital and to mitigate the impact of the COVID-19.  

The Second Laying the Foundation for Inclusive Development Policy Financing (DPF) is the last operation in a programmatic series aimed at reducing gender gaps and providing cash transfers to households that are mostly affected by COVID-19. The program will also help expand access to electricity and potable water, improve debt management and transparency, and reduce fiscal risks. 

“The new program will help the Government pursue the reforms started to create enabling conditions for sustained and accelerated medium-term growth and tackle key structural challenges related to stark gender inequality and low access to key infrastructure,” said Joelle Dehasse, World Bank Country Manager for Niger. “This operation has been adjusted to reinforce actions that complement the government’s efforts to mitigate the impact of the CODIV-19 pandemic.”

In 2019, Niger’s economic performance remained robust, driven by strong performance in the primary and tertiary sectors. Real GDP growth was 5.8 percent, with 1.9 percent per capita growth. However, since March 2020, the COVID-19 pandemic is straining the country’s economy, mainly due to increased spending on health and social assistance services for vulnerable households. The pandemic’s adverse impact on regional and international trade, and on foreign direct investments is also severely affecting the country’s economic and social development.

“The adoption of reforms through this DPF series will help improve the livelihoods of communities in these times of COVID-19 pandemic,” said Luc Razafimandimby World Bank’s Senior Economist and co-Task Team Leader for the project. “Beyond the much-needed quick fixes, the DPF maintains its core structure to protect the future, which will also sow the seeds of post COVID-19 recovery through mutually reinforcing measures.”  

The operation is a result of an extensive consultation process involving government officials, development partners, civil society, and other key partners. It is fully aligned with the Government’s strategy through the National Economic and Social Development Plan (2017-2021) and also with the World Bank Country Partnership for Niger (CPF 2018-2022).

* The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives. IDA is one of the largest sources of assistance for the world’s 76 poorest countries, 39 of which are in Africa. Resources from IDA bring positive change to the 1.6 billion people who live in IDA countries. Since 1960, IDA has supported development work in 113 countries. Annual commitments have averaged about $21 billion over the last three years, with about 61 percent going to Africa.

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World Bank releases first comprehensive stock-taking of infrastructure services in Asia

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A new World Bank report presents data about infrastructure provision in three key sectors is Asia: road transport, electricity, and water and sanitation. As the first comprehensive, regional stock-taking of levels of supply, quality, and affordability of infrastructure services, Infrastructure in Asia underscores the need to better understand current levels of service delivery to facilitate governments’ infrastructure planning and financing. Well thought-out investment planning helps raise economic growth rates, increases competitiveness, offers new economic opportunities, and bolsters improvements in human capital.

Building a more extensive body of knowledge about the health of infrastructure provision worldwide is a priority for the World Bank. Infrastructure in Asia is the first step of a new research effort that will expand to other regions. The report is organized to provide regional overviews by sector, followed by country snapshots.

Over the past few decades, a large part of Asia (both East Asia and South Asia) has enjoyed strong economic growth and steady social development. Nevertheless, the region faces significant constraints in infrastructure investment. This is exacerbated by Covid-19 pandemic and the short-term challenges of a slowing global economy, higher borrowing costs, and geopolitical tensions. Longer-term, the region is highly susceptible to the effects of climate change, so infrastructure development must be sustainable and climate resilient.

Imad Fakhoury, Global Director for Infrastructure Finance, PPPs & Guarantees at the World Bank, underscored two crucial points in this context, “We must focus on smarter investments. This doesn’t necessarily mean spending more money, but harnessing technology, Infratech, and building efficiencies based on data so we can do more with less.”

He continued, “We also need better ‘infrastructure governance’—including strengthening policies, insitutions and investments, better planning, robust project preparation, investment prioritization, screening to decide whether to procure a project publicly or with private-sector support, and strong attention to resilience, quality, transparency and fiscal sustainability. This is crucial for accerating move towards resilient recovery stage as part of COVID-19 crisis response and rebuilding better.”

When it comes to building infrastructure that truly delivers economic and social impact, quality is as important as coverage. Governments worldwide and their development partners increasingly recognize the importance of resilience and quality in infrastructure service delivery. Infrastructure in Asia goes beyond appraising coverage levels to provide a set of key indicators that serve as proxies of multiple dimensions of infrastructure quality.

In addition to looking at the quality dimensions of infrastructure, the report’s signature contribution is its compliation of extensive and disparate information and data—otherwise time-intensive to gather and compare across sectors and countries—into a single volume.

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Global cooperation is our only choice against COVID-19

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WHO/PAHO recommendations have been instrumental in the Juarez Hospital in Mexico City. UN Mexico/Gabriela Ramirez

With more than 18.5 million cases of COVID-19 reported worldwide as of Thursday, and 700,000 deaths, the UN’s top health official again appealed to countries to unite in the fight against the disease

Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO) was addressing the Aspen Security Forum, which brings together top-level present and former government officials from the United States.

The Americas remain the current epicentre of the COVID-19 pandemic.

“For all our differences, we are one human race sharing the same planet and our security is interdependent – no country will be safe, until we’re all safe”, he told the virtual meeting.

“I urge all leaders to choose the path of cooperation and act now to end this pandemic! It’s not just the smart choice, it’s the right choice and it’s the only choice we have.”

Invest in preparedness

Tedros said the pandemic has “stress tested” the global political, economic, cultural and social infrastructure, pushing national health systems everywhere, to their limits.

“The world spends billions every year preparing for potential terrorist attacks but we’ve learned lessons the hard way that unless we invest in pandemic preparedness and the climate crisis, we leave ourselves open to enormous harm”, he said.

As no country can fight the virus alone, Tedros said “our best way forward is to stick with science, solutions and solidarity, and together we can overcome this pandemic.”

Against “vaccine nationalism”

During a question-and-answer session moderated by US network TV news host, Lester Holt, the WHO chief was asked about ensuring fair distribution of a COVID-19 vaccine when one is developed.

Tedros warned against “vaccine nationalism” in a globalized world.

In April, WHO and partners launched the ACT Accelerator to speed up development of vaccines and medicines against the disease, and to ensure that they will be available to people everywhere.

“But to make it happen, especially fair distribution, there should be a global consensus to make a vaccine, any product, a global public product. And this is a political choice, a political commitment, and we want political leaders to decide on this,” he said.

“What we’re saying is sharing vaccines, or sharing other tools, actually helps the world to recover together, and the economic recovery can be faster and the damage from COVID-19 could be less.”

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