World Bank Group President David Malpass remarked that the pandemic added further to the development gap, with many developing countries also suffer from fragility, human rights violations, food insecurity, lack of transparency, weak currencies, inflation, and the unfunded requirements of...

David Malpass, President of the World Bank, addressed the common challenge presented by slowing world growth. He remarked that governance issues are apparent around the world. On matters of debt, he emphasized dispute settlement, debt contract transparency, contract fairness, and facilitating...

The IMF Managing Director and the World Bank Group President held a Joint Press Conference on COVID-19. The IMF Managing Director spoke in detail about the potential direct and indirect impact of coronavirus on the global economy. She explained about how the IMF response to the epidemic will be....

David Malpass, World Bank Group President, spoke at the United Nations high-level event on financing for development in the era of Coronavirus (COVID-19) and Beyond. He spoke about two institutions, the IMF and World Bank working closely together on financial and economic challenges, including...

World Bank Group President, David Malpass spoke about how the past four weeks the World Bank has begun to implement twelve billion-dollar package that would enable vaccination systems for countries that otherwise wouldn't have access, and that was the goal. He explained the assessment of the...

These opening remarks were delivered by World Bank Group President David Malpass during the Launch of the International Debt Report 2022 on December 6, 2022. He spoke about the World Bank identified the stagflation risk early in that year which brings three risks: a global recession in 2023; a...

These remarks were delivered by World Bank Group President David Malpass at the Virtual COVID-19 Global Action Plan Foreign Ministerial Meeting on July 19, 2022. He said that Coronavirus (COVID-19) has highlighted the pressing need for action to build stronger health systems and mobilize...

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...

These remarks were delivered by World Bank Group President Malpass at the G7 Ministerial Conference on Uniting for Global Food Security on June 24, 2022. He said food systems were fragile even before Russia invaded Ukraine, and the war has now accelerated a global food crisis. He recommended the...

These remarks were delivered by World Bank Group President David Malpass at the 2nd global Coronavirus disease 2019 (COVID-19) summit. He discusses: the World Bank Group is working hard to support developing countries with their health programs. Looking ahead, the new financial intermediary fund...