Netherlands supports second term for World Bank President Kim

The Netherlands supports a second term for World Bank President Jim Yong Kim, finance minister Jeroen Dijsselbloem and foreign trade and development minister Lilianne Ploumen announced Thursday.

The Netherlands is confident that under Dr Kim’s leadership the World Bank can make a major contribution to eradicating extreme poverty and combating inequality, thus achieving the Global Goals adopted in 2015, and carrying out the Paris climate agreement. The World Bank will remain a major partner for the Netherlands in development cooperation.

Mr Dijsselbloem and Ms Ploumen are also confident that Dr Kim will continue to successfully and effectively harness the World Bank’s knowledge and financial strength to the task of poverty reduction. ‘Dr Kim has carried out major restructuring at the Bank, allowing it to make even better use of Dutch contributions,’ Mr Dijsselbloem said. Ms Ploumen, too, is impressed with the World Bank president’s decisive actions. ‘Dr Kim took the lead in tackling the Ebola crisis in West Africa last year,’ she said. ‘And this year he pushed hard to extend more and better financing to Jordan and Lebanon, so that the two countries can strengthen their economies despite the heavy pressure they’re under from the massive influx of Syrian refugees.’

Dr Kim, a citizen of the United States, has been president of the World Bank since mid-2012. His current term will end on 1 July 2017. Candidates to succeed him still have three weeks to put themselves forward. The US has nominated Dr Kim for reappointment, and many other countries are expected to support him.

The World Bank has 189 member countries. Mr Dijsselbloem and Ms Ploumen are a governor and an alternate governor of the Bank, respectively. World Bank financing has contributed in recent years to supplying an additional 123 million people with access to clean drinking water and an additional 117 million people with access to healthcare. The Dutch contribution to the Bank in 2012-2015 averaged €270 million a year, most of which went to loans to the poorest countries.