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David Malpass, President of the World Bank Group, spoke at the 2020 Spring meetings virtual press conference. He discussed the joint efforts of the IMF and the Bank in support of member countries, especially the poorest and most vulnerable. He reviewed how the G20 joint call focused upon a...
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David Malpass, President of the World Bank Group, summarized the challenging environment now facing the World Bank Group, as the unprecedented COVID-19 pandemic affects the world. He is expecting a major global recession to complicate the devastating health crisis. The extreme poor in IDA...
Persistent link: https://www.econbiz.de/10012647085
World Bank Group President David Malpass spoke of the steps the Group is taking to provide unprecedented financing to help countries respond to the crisis. He expects to have COVID-19 (Coronavirus) related projects in one hundred countries. He thanked the shareholders for the capital and funding...
Persistent link: https://www.econbiz.de/10012647086
World Bank Group President David Malpass spoke about the Coronavirus (COVID-19) pandemic and economic shutdowns that are causing the world's deepest recession since World War II and the first major recession in ASEAN countries since the 1997 Asian devaluation crisis. He mentioned that women are...
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Bank Group President David Malpass said that deep structural reforms are needed now more than ever to secure social cohesion and put the region on a sustainable and more inclusive development path. The World Bank Group has maintained a long-standing partnership with Central African Economic and...
Persistent link: https://www.econbiz.de/10012642769
David Malpass, President of the World Bank, discussed the severe health and economic impacts that the Coronavirus 2019 (COVID-19) pandemic and shut down have inflicted on developing countries. The World Bank Group's goal was to provide rapid, flexible responses to developing countries. That's a...
Persistent link: https://www.econbiz.de/10012647492