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MUNRFE delegation to NMUN-NY 2018 visits World Bank Office in Russia
Saturday, 17 March 2018 00:00

On March 16 members of MUNRFE delegation to National Model UN 2018 visited the World Bank Office in Russia . The delegation was briefed by Ms. Larisa Fugol, Consultant of the World Bank Office in Russia, who delivered a lecture devoted to the history of the World Bank Group , key instruments used by the Bank in its activity, and specifics of Moscow Office work. Special attention was brought to the development of focus of the Bank activity from restoring destroyed infrastructure to human development, economic and institutional reforms, tackling climate change and finally to reducing poverty and boosting shared prosperity with the decades. Moreover, Ms. Fugol covered the functional specifics of the World Bank trust funds functioning, ways of collaboration of the World Bank with various regional banks as well as ways used by the Bank to strengthen the role of regional and global development.

After the lecture MUNRFE representatives had a chance to address their questions to Ms. Fugol and consequently gained new information in project adoption circle, covering special aspects of tenders and making budgets for projects.

This meeting indeed resulted in raising the background of MUNRFE delegation to NMUN-NY 2018 in the work of the World Bank that would definitely contribute to the increase of effectiveness of further World Bank committees modelled at traditional MUNRFE Annual Conferences.