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...

World Bank Group President David Malpass said that the most pressing matter for the G20 is to move quickly together on growth, on vaccines, and on the debt sustainability issues. He highlighted on the need to recognize the connection between sound development policies and sound climate policies....

These remarks were delivered by World Bank Group President David Malpass at the G20 Leaders' Summit in Bali Indonesia on November 15, 2022. He spoke about the developing world faces hunger, poverty, unsustainable debt, and learning poverty above 70 percent. Climate change makes all of these...

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 the World Bank Group President David Malpass during the Launch of the January 2023 Global Economic Prospects Report on January 10, 2023. He addressed the following topics: global growth outlook; rising levels of debt distress and possible directions to achieve...

These remarks were delivered by World Bank Group President David Malpass at the WHO Ministerial briefing on the Global Coronavirus (COVID-19) Vaccination Strategy and Implementation on July 21, 2022. He said that over the past months, much of the world's attention has shifted to Russia's...

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 opening remarks were made by World Bank Group President David Malpass at the State of the Global Economy Event Organized by Brookings Institution on July 13, 2022. Mr. Malpass said the world is facing multiple crises, including the sharpest slowdown in GDP growth in 80 years, the risk of a...