International development. I am excited about the piano. I would be more excited. Let me tell you about this panel, who wanted an important hearing at the end of the day featured the hub fireside chat ego. She helps develop programs in cities and countries where j. P. Morgan served. Before that she worked with oliver and associates and Melinda Gates foundation. She is a proud child of immigrant Family International business is the of international economics. So cute. You dont need much of an introduction to know you are. If you dont know, Child Corporation given working in this area for more than three years. She has been the lead of the education and happenstance. We are delighted you could be with us and ill turn it over. And you all hear us. That afternoon. I hope you enjoy the conference so far. Hopefully we will bring the energy in the conversation, i am excited to be on stage. The legacy had history and where it is going in the future. To start off my shirt congratulations are in order, happy anniversary to your agency fresh address or Economic Development and consent invested over 17 billion 78 products and upwards of 47 countries, is not right . That is no real feet. [applause] have been on a bit tour giving speeches and wondering the challenges and work and begun. They give the question and i want to thank everybody, it is wonderful to be here. I understand all hub 1600 people here in 1500 online. Outgrowing the Ronald Reagan building so regulations even though everyone facing challenges at various times, its a joy to be with all of you talking about all the things care much about. We celebrated the actual effect a great party for the moment is important for us spending time came backwards at what has made the agent special also given the challenges we are facing now always asking ourselves what is the value we have invited that matter so much right now so the things that are really special is we are highly selective in who we work with. We are rent and we work with the country that has become eligible. We go big so the grants 500 million and pew agencies in the world provide Grant Funding to that magnitude. What is not our part we are an arrangement ourselves in the United States around the concept of reform, investing and bringing down barriers to growth and trading opportunity where particular parts of society are included. The smaller program called threshold and it has stood the test of time we have deployed 17 billion 78 contact 47 countries and sectors we are proud of the track record mostly. Asking the question what is ahead of us and being grant maker is a big difference. Im sure many of you talk about what we called locally led development, Current Business model is working closely with countries involved from the very beginning in these processes and implement the work we have working in this way since the beginning and we are very adaptable so the range of things we are working on a reflection of what the country has seen to overcome these challenges Economic Growth will be continuously unstopped so we are wellsuited to address issues of preparedness and 20th century skills and it will be a hot topic going forward. An instant hot topic and would think about innovations. We have a strong Business Model at the core of what we have going on but we continue to refine it in a group working on making sure we leaning as much as possible so locked in how we operate, are we doing this enough . One thing where working on is the procedures around procurement and that responsibility. One thing i do know we have a reputation for being artwork within the challenges we are trying to streamline so innovations of all kinds not politically they are at an interesting moment particularly when it comes to views on the u. S. Role in ornate how much, windy given what and i know mcc has legislation that would help expand and curious i see a number of audience curious about that and strategy working with Congress Might not be understanding the need for foreign aid in the Critical Role you talk about the strategy to work around the world . Connect let me back up and ask, what is the rationale we are seeing a reform is the classification seeking to lower the rate and inequity within property and we can work with it now. So the person first piece of discussion is around this we all know we have an enormous amount of work so that is the driver. We are making progress as congress having discussions about an honest very gratifying. What have to do is forge the consensus politically different political environment the long u. S. Leadership and aid this gets back to the Business Model all having democracy thrive and delivered in a transparent datadriven portable weight working closely with countries and working on Critical Issues both institutional reform and helping Critical Infrastructure needs sonatas true now as it was 20 years ago when we started in the more we talk to people on the field they agree with that. The budget i think the overall optical up. He will know better than i do but there is a misperception five, 30 of the u. S. Budget goes to ornate and its assistance as you all know, its one, if not less than 1 from a tiny given all the wonderful things we could be working on with countries we should be leaning into that so there are many examples of great countries more technology, healthcare and different ways solutions, the list goes on and on. I couldnt agree more understand the need for engagement. The partners we work with lacey those now face with a greater number of opportunity, highly think about this major flautist mcc become more capital . One of the reason countries are mentally embedded one of the distinguishing features we are a great countries also driver seat that is one thing we think is very appealing. We start with a straight growth analysis is closely as partners to date into the main challenges toward prosperity and Economic Growth and then countries choose what they want to work with. I can beginning countries have the ability to determine what they want and we think is the right approach are longterm sustainable country owned development and something that is the right way to go in terms of our agencies and how we work on u. S. Relationship. We think about the countries in which they can work with and among but it has become known for, how does that change and evolve . The mark is the legislation we certainly hope it will. It will add more from we can collect more countries but in and of itself is incentivizing the core aspect will not change. Every country will be scored and a lot of attention to the eligibility on the statement trajectory and you can tell what the eligibility requirements are. For this in the challenges within design and set up and they become responsible and implement and we do evaluation work so that will not change. What will change as more countries from a what areas of reform to undertake and in Central Latin America and africa and i am confident we have terrific work there but there are also areas that are important. Onto tentative it, it is important to these and education, what are the trends in education in the next 20 years and beyond . Great question right now without really interesting programs, a work in progress. So if i were to generalize a couple of things personal, education is a driver of economic and in terms of the collection better educated people and Digital Skills but also the skill set for the job opportunity so there are a lot of opportunities and Economic Growth. We are increasingly asked things will help countries prepare for the 21st century. It is a slightly different focused and complementary but printers are interested in making sure the workforce is prepared for the future and they have rapid population growth countries are getting younger and younger so education is a pressing. I couldnt agree more. If you think about both countries you work with one question comes to mind imagine the development mentation from how we think about the role in advancing equity . Michael thought, how would you define level poverty election and what is the agencies will and not . Thats a great question to talk about. But alas, equity what you think about the connection between Economic Growth cannot foresee successfully growing parts of the population left out. We continue to refine strategy and policy. You start studying where the issues are, is it women, Rural Communities . Certain ethnic minorities in the country . Then we take a systemic look, why are people being included . Is a something to do with Legal Framework . What is it exactly . Then we figure out how we can work and consultation with it to make sure we really understand a critical part and then we will even solutions. Let me make it real. A couple of years ago we signed 300 million system but working and understanding what became clear was the fact that women could not inherit land so it would stand in the way of women who owned the land and used it as collateral so after a lot of close work with local organizations and traditional community, a lot of work, the loss of been changed. A fundamental change for better opportunity in this community. As an example of this based approach so does the right thing to do for so many and matters on equity and more people are able to participate and understand in the dialogue and certainly for Economic Growth. One question you mentioned mccs main vehicle for vestment working in partnership to figure out the system, im curious 20 years forward bringing the full force of the bank to address customers need. I wonder about the Poverty Reduction and moving forward working alongside agencies to get the best of the best in terms of Meeting Development needs, what does it look like in the 20 your trajectory and beyond . We have good relationships and regular contact. A lot of information we share in the tools themselves are complementary. We try to finance so we must take a whole of government approach in the International Talent we must. Now, it goes beyond that. We need to work with all of you. Its a great gathering of many people in different parts of our community, the private Sector Foundation and a lot of folks need to work because he will have to offer whether its working directly or providing information comparing notes, what you know about this, work at things on this . You know the whole of government approach and many of you are familiar with the trillions, that is also in that sector will put you all the approach and one thing thats real opportunity for the american environment is because we have such Richmond Capital market and government tools we have if you begin to stitch it together, the u. S. Will make a powerful contribution. I will relay the message. At the close i love it. One thing that is you hopeful in the engagement brought her with partners working their best to create an environment, what is one thing you can leave us with . I can imagine the headlines there may be a bit of a clonus when you look at ukraine, the middle east, you name it. It is a difficult moment and it would be shortsighted but it difficult moments, opportunity and meaning and and making the best of those moments. I was working in banking and j. P. Morgan for a while but even before that i was working in banking early on and people thought the ceiling was falling in the world would never be the same but what came out was transactions you took the debt and into equity investing in became what is now emerging market. And it was on its own so that difficult moment was difficult but led to something interesting. In the early 2000s we were perplexed in the developing world put together a full entity now along the global front is very successful. I remember i was at gpe, 2020 we had to go home and the sky was falling but covid was not only a Health Crisis but the only Public Policy tool only our government by governments around the world to curtail the spread of covid to shut down schools which had obviously ramifications. What we did, we looked at our financing contract and put together 250 million 509 window and enable them to do the network. The something that was not ideal but we did and got grants. Those are small examples of the u. S. Is good at innovating and i am confident what will come out of this is a renewed understanding of how critical this is, renewed desire to from the best partnership we can and make the best of what we have and offering to the partners we have. We are in the right place with the right people and i know its been a very busy week for you. Thank you for taking the time to come. I you all enjoy the conversation and get some rest this weekend. Back. What a great discussion. He got an idea the past two hours. I serve as Senior Vice President opportunity. We are thrilled to be a sponsor. We value the work done. So much of our interaction conference so firsthand in the cochair of the agricultural work. Theres so many fantastic things we really appreciate. I would forward to the next session we are going to talk about the foreign assistance act. It resonates with all of us do at this conference. Encouragement and support in their essence to acquire the knowledge essential to the development and political and social institutions. I know an opportunity with done for the last 52 years and im sure many of you in this room resonate in some of the way. While is the same week have evolved together with it with opportunity and it looks like were going in the 90s and early 2000s to implement my credit project and then working with the Global Development and the financial institutions. Then you as a development the rest lending. Now working with the newest strategies in the Education Sector and in these outcomes. Sure the same is the case for many of you, youve grown and evolved as well. Im looking forward to hearing from the panel on how usa responding and new impactful ways. No better person to get off then dennis baker swearing in ceremony and you are the leader i need for the agency needs and this Administration Needs that the people out there in the world made given the last two years wondering whether the administrator is weve experienced the most challenging situations political, environmental. As a key member of the Leadership Team at the forefront of the apartment and we happen talking about because i can tell you as of monday the assistant administrator, it is my pleasure to share some insight and help us in the final discussion today. [applause] it is good to see everyone i will be very short because i note we are keeping you all from the reception so i dont want to be too long. Im sure youve all talked about this a lot we are dealing with three realities in the world. The first are outpacing our ability from the standpoint we are in a situation where the goblins are bigger than any other agency to deal with. The second is new technologies are going to force the change of how society functions and we have a change. The one that i feel most in developing challenges political issues. In the differently to working a way that meets those challenges and thats where our approach on programs started. An idea that we have to think beyond our efforts and how we can get change. We are doing that in three ways focused on how we can be the catalyst in the world and bring more resources and work with different partners. We look at how we can really invest our work. We got a lot of real challenges. We dont have the capacity right now to engage in private sector we have spent a lot of work past two years establishing new policies but also really doing the puzzle work with the private sector. We have increased engagement by 60 so a big accomplishment. The second thing is focusing on how we are the communities we work with a partner. That is where progress has been slow. It takes a while to turn things around. Takes a while to keep things changed. Weve seen progress in the amount of partners we are working with locally. Local partners and he had on and development. Best i can think is how we can get better bang for our buck and thats a focus on effectiveness and how we can make sure we have dollars spent. Thats why we have concomitant work with them to increase our effectiveness last year chief economist work with our mission and with our bureaus in frederick going with the contracting grant. The last thing for all of this is to build a strong workforce. We walked across all of our agencies and bring equity and work out how we incorporate contractors better and get benefit our workers and modernize to meet the need we have. How do we balance . With done a lot of National Empowerment to really focus on how to make them better Leaders Within our mission. Thats really what we have been trying to do. Theres a lot of work to be done and we hear from my colleagues about that work and for us it really is a focus on how we can deliver the impact together over the next few years i hope you all had a great day today. Thank you all. [applause] welcome. As you get settled in, i want to tell you a story. This morning when we were called together she said asked chatgpt to describe the analyst. She was told we were going to be radiant and celestial. [laughter] so i just wanted to put that out there you know what the expectation is i welcome everybody, this is our last panel of the day. We thought it was born to pull it together officials from usa to hear about important issues you are laughing with. Bios are in your program but ill introduce quickly. We worked together for years and im really happy you are here. Deputy assistant to the minister funeral for humanitarian assistance long time fixedrate usa and has worked there for 28 years programming. I dont think that is to s