Anna Bjerde on 30 years of World Bank support to Romania

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00:13 It's great to be back here in Romania,

00:16 and I'm back this time to mark 30 years

00:20 since we opened up our office here in Bucharest.

00:25 But Romania actually became a member of the

00:27 World Bank already back in the early 1970s,

00:30 and over these many decades we have worked so closely together

00:35 in so many areas for the development of this country.

00:38 In fact,

00:39 the World Bank has invested in over 70 projects totaling

00:43 about $13 billion.

00:46 The projects that we have supported have spanned agriculture,

00:51 education,

00:52 energy,

00:52 but also areas such as human development,

00:56 governance,

00:58 economic management,

00:59 fiscal management,

01:01 and one very strong area that we have worked in

01:04 has been around disaster risk management and

01:06 building resilience because the country is very prone

01:10 to earthquakes and other natural disasters.

01:19 What has been particularly interesting

01:22 in our partnership with Romania is Romania's

01:25 use of all instruments that the World Bank offers,

01:28 starting with our technical assistance,

01:31 our financial assistance,

01:33 but also Romania sharing with the rest

01:35 of the world their development journey and Experience

01:39 in other countries around the world,

01:41 they are now benefiting

01:42 from the experience,

01:43 particularly in areas of disaster risk management and flood management,

01:47 where Romania's experience

01:49 and principles and strategies around these important issues really stands out

01:54 as international best practice.

02:05 Now let me turn to the last few years when our partnership also has really stepped up

02:10 to respond to COVID,

02:11 the World Bank partnered with Romania to help

02:14 both the health sector

02:15 but also make sure that as students we're going to do distance learning.

02:19 We had strong IT backbone systems as well as ability to learn from

02:25 distance using IT.

02:27 And now of course with a terrible war raging in Ukraine

02:31 which is having massive spillover effects globally

02:34 in the region but also here in Romania,

02:36 we're working very closely to make sure

02:38 we continue to build resilience against shocks

02:41 and here I would also like to highlight that

02:43 Romania plays a very significant role in the region.

02:46 Both in terms of

02:47 diversification of energy to increase

02:50 the ability to have a stronger and resilient energy secure economy

02:55 but also around transport logistics and connectivity.

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It's great to be back here in Romania, and I'm back this time to mark 30 years since we opened up our office here in Bucharest. But Romania actually became a member of the World Bank already back in the early 1970s, and over these many decades we have worked so closely together in so many areas for the development of this country. In fact, the World Bank has invested in over 70 projects totaling about $13 billion. The projects that we have supported have spanned agriculture, education, energy, but also areas such as human development, governance, economic management, fiscal management, and one very strong area that we have worked in has been around disaster risk management and building resilience because the country is very prone to earthquakes and other natural disasters. What has been particularly interesting in our partnership with Romania is Romania's use of all instruments that the World Bank offers, starting with our technical assistance, our financial assistance, but also Romania sharing with the rest of the world their development journey and Experience in other countries around the world, they are now benefiting from the experience, particularly in areas of disaster risk management and flood management, where Romania's experience and principles and strategies around these important issues really stands out as international best practice. Now let me turn to the last few years when our partnership also has really stepped up to respond to COVID, the World Bank partnered with Romania to help both the health sector but also make sure that as students we're going to do distance learning. We had strong IT backbone systems as well as ability to learn from distance using IT. And now of course with a terrible war raging in Ukraine which is having massive spillover effects globally in the region but also here in Romania, we're working very closely to make sure we continue to build resilience against shocks and here I would also like to highlight that Romania plays a very significant role in the region. Both in terms of diversification of energy to increase the ability to have a stronger and resilient energy secure economy but also around transport logistics and connectivity.

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Romania film Anna EN HD

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Romania film Anna EN HD

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