PRESIDENT RAMAPHOSA MET THE WORLD BANK GROUP

President Cyril Ramaphosa met with the World Bank Group, led by its President, Mr Ajay Banga, at the Mahlamba Ndlopfu official residence in Pretoria.

South Africa and the World Bank Group enjoy a strategic, long-standing mutual relationship spanning decades of collaboration, strongly aligning on the four pillars of the economic growth and development strategy —macroeconomic stability, structural reform, improving state capability, and infrastructure investment—and the WBG’s emphasis on job-rich growth.

The meeting deliberated on building a more coordinated partnership under the forthcoming Country Partnership Framework (2027–2032), focused on modern, inclusive infrastructure, human development, and a more dynamic private sector.

President Ramaphosa was joined by Minister of Finance, Mr Enoch Godongwana, and senior government officials.