WBG Meetings: Commonwealth Ministers Rally for Growth and Shared Prosperity

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At the World Bank—International Monetary Fund Annual Meetings in Washington D.C., Commonwealth nations reaffirmed their collective commitment to driving inclusive growth, trade expansion, and sustainable development. Nigeria’s Minister of State for Finance, Dr. Doris Uzoka-Anite, joined finance ministers from across member countries to explore strategies aimed at boosting economic resilience and strengthening collaboration within the Commonwealth.

Held on the sidelines of the global financial summit, the meeting focused on leveraging the Commonwealth’s shared economic advantages to foster prosperity. According to the Commonwealth Secretariat, intra-Commonwealth trade is on average 21% cheaper and is projected to reach $2 trillion by 2030. Dr. Uzoka-Anite underscored Nigeria’s call for increased funding toward the Commonwealth development agenda to accelerate poverty reduction and infrastructure growth.

With renewed determination and unity of purpose, the ministers agreed that enhanced cooperation and investment will be key to unlocking the Commonwealth’s economic potential. Their discussions signal a concerted effort to build a resilient and interconnected future for millions across member nations.

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