"DAVID MALPASS"

World Bank Group President David Malpass detailed the impacts of COVID-19 on developing countries, saying they were experiencing “a double impact” – vulnerable to health risks, but also suffering from a lack of resources to protect their economies. WORLD BANK

World Bank Group President David Malpass addressed global news media during the World Bank Group/International Monetary Fund’s 2020 Spring Meetings, which are this year being held in a virtual format due to the ongoing COVID-19 pandemic. WORLD BANK

The IMF and World Bank Group announced additional measures taken to curtail the impact of the corona virus on the world’s economy and health. At a news conference in Washington, DC Kristalina Georgieva, IMF Managing Director, emphasized the necessity for immediate coordinated action. IMF

With investors globally increasingly chasing riskier yields in lending, IMF Managing Director Kristalina Georgieva urged low income countries to take a hard look at how they are approaching their debt strategy. IMF

The event “Financial Inclusion for Development: Building on 10 Years of Progress” is a special celebration of the progress made in financial inclusion over the last decade, and a recognition of financial inclusion’s importance to achieve the 2030 Agenda.

As wildfires, heatwaves sweep globe, urgent action key to stopping alarming rate of deforestation, Secretary-General warns at Alliance for Rainforests event.

World Bank Group President David Malpass addressed the press about the Bank’s continued effort to fight extreme poverty during the World Bank Group and International Monetary Fund 2019 Spring Meetings. World Bank

U.S. Treasury Secretary Steven Mnuchin said the International Monetary Fund and World Bank are important partners in addressing global economic issues. IMF

Briefing reporters as he began his five-year term as President of the World Bank Group, David Malpass stated the Organization’s goals as well as challenges ahead. WORLD BANK