World Bank Group President David Malpass spoke about the recession in advanced economies that is less severe than had been feared, but in most developing economies, it has become a depression, especially for the poorest. The World Bank Group was able to launch health emergency programs in one...

World Bank Group President David Malpass said that while some countries are recovering, the pandemic is still taking a terrible toll, with poverty levels rising sharply. He highlighted on the health emergency response programs in one hundred twelve countries using a fast-track mechanism that is...

World Bank Group President David Malpass spoke about the need to foster financial inclusion, and to support digital systems that allow high transaction volumes at very low cost. He mentioned that the high costs for cross-border payments hamper economic development and cause payments to flow...

David Malpass, President of the World Bank, declared that inequality, poverty, and climate change will be the defining issues of our age. The goal is to achieve fair, broad, and fast access to effective and safe vaccines for developing countries. On climate, the Bank is looking forward to...

These remarks were delivered by World Bank Group President David Malpass at the G20 Finance Ministers and Central Bank Governors' Meeting - Annual Meetings 2022 on October 14, 2022. He spoke about the following: (i) International financial architecture; (ii) infrastructure investment; and (iii)...

World Bank Group President David Malpass discussed the Bank's new International Debt Statistics (IDS) report, published on Monday, showing the debt of low-income countries is 860 billion U.S. dollars, up 12 percent. Turning to vaccines, developing countries need 5 billion more doses to vaccinate...

This report discusses the remarks delivered by World Bank Group President David Malpass at the G20 Finance Ministers and Central Bank Governors meeting held during the 2022 annual meetings. He discusses: the world needs to be much better prepared to respond to pandemics, catastrophes, and health...

These opening remarks were made by World Bank Group President David Malpass to G20 Finance Ministers and Central Bank Governors on the Global Economy and Health Agenda on July 15, 2022. The report discusses about the COVID-19 pandemic and now Russia's invasion of Ukraine have caused a...