ContextRemarks in Tokyo at the launch of IDA20, the replenishment of the World Bank's fund for the poorest countries; the World Bank fights poverty and relies on donor support.
Why it mattersMalpass thanks Tokyo for leading the record replenishment for the poorest economies.
Problems raised
The poorest countries face overlapping crises.
Fragile and conflict-affected populations are most vulnerable.
Development financing needs are large.
Solutions proposed
Launch the IDA20 replenishment with Japan's leadership.
Focus support on the most vulnerable groups.
Deliver concessional finance to the poorest countries.
