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Remarks by WBG President David Malpass to the Development Committee – 2022 Annual Meetings

· David Malpass, President of the World Bank Group (International)

Summary written by Dark Majestic in its own words · topics: public finances and debt, development and emerging economies

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· David Malpass Wiki · World Bank Group WikiRemarks by WBG President David Malpass to the Development Committee – 2022 Annual Meetings

ContextRemarks by WBG President David Malpass to the Development Committee – 2022 Annual Meetings.

Why it mattersMalpass proposes reviewing capital adequacy to lend more.

Problems raised
  1. The world faces a great crisis.
  2. Debt problems are growing.
  3. Global public goods are underfunded.
Solutions proposed
  1. Make progress on debt reduction and transparency.
  2. Review capital adequacy to increase lending.
  3. Increase resource flows from IFIs.
Read full speech on worldbank.org ↗

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