Global Standards for the world economy

Thursday 04 June 2020

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IFRS Foundation and World Bank introduce cooperation agreement

 15 May 2017

Joaquim Levy, Managing Director and Chief Financial Officer of the World Bank Group, Michel Prada, Chairman of the IFRS Foundation Trustees and Wiseman Nkuhlu, IFRS Foundation Trustee discuss the Memorandum of Understanding (MoU) between the World Bank and the IFRS Foundation.

The MoU reflects the organisations’ view that the transparency, accountability and efficiency provided by adoption of IFRS Standards plays an essential role in attracting inward investment, boosting economic development and ultimately alleviating poverty.

This video is also available on our YouTube channel.

Read more about the MoU here.