Development Bank Archives


The press conference in Colombo, Sri Lanka and Washington DC of the World Bank President, Mr. Wolfensohn is available in its entirety via Audio and Video streaming. More details on post-Tsunami reconstruction effort can be found on World Bank’s website. Detailed damage assessments will follow initial estimates WASHINGTON, January 12th, 2005-World Bank President James D. Wolfensohn said Wednesday that reconstruction in the tsunami-hit countries of Asia and Africa must be driven by the local communities affected by the disaster, adding that the process of rebuilding should be transparent and ensure accountability for the funds pledged.