who will be next World Bank President What will they do


Benn equivocates. An interestingly equivocal statement has just emerged from UK Secretary of State for International Development, Hilary Benn.

Benn holds the door open for another candidate to emerge and makes it clear that the UK is not prepared to see a rapid confirmation of Paul Wolfowitz - due process must be gone through.

“I note the USA’s nomination of Mr Wolfowitz with interest," reads the statement. "We wait to see if there are any other candidates, as there is of course a process that has to be gone through in which the views of developing countries are important. It is the Bank Board which makes the decision. It is important that this is a transparent process.

"What interests me is Mr Wolfowitz’s vision for the future of the World Bank in reducing international poverty at a time when the need to make much faster progress has never been clearer.”

David Steven ~ March 17, 2005

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