World Bank President Robert B. Zoellick said on Thursday that he will join discussions of G-20 finance ministers and heads of central banks in Sao Paulo, Brazil this weekend.
"The financial crisis has clearly been a wake up call to the global economic system, rippling from country to country in waves of economic loss, anxiety and frustration," said Zoellick.
"It is a critical time for key players to be coming together to find cooperative solutions, new ways to flexibly connect global institutions and to 'reboot' multilateralism," he noted.
He also warned that as ministers discuss issues of high finance, they should not forget the world's poor.
"The bottom billion need our help more than ever. The world must follow through on past aid commitments to fight poverty and promote sustainable development," said the World Bank chief.
"Our discussions in Sao Paulo will not furnish all the answers, but will help frame issues, explore solutions, and lay the ground work for the November 15th gathering of G-20 Leaders and beyond," said Zoellick. "I look forward to hearing the perspectives of finance ministers and colleagues on ways to move forward."
Source:Xinhua
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