· David Malpass Wiki · World Bank Group WikiRemarks by World Bank Group President David Malpass at the Global Sovereign Debt Roundtable (GSDR) Principals’ Meeting – Spring Meetings 2023
Read full speech on worldbank.org ↗ContextRemarks by World Bank Group President David Malpass at the Global Sovereign Debt Roundtable (GSDR) Principals’ Meeting – Spring Meetings 2023.
Why it mattersMalpass calls for early information sharing and fair burden sharing in debt talks.
Problems raised
- Debt restructurings are stuck.
- Information sharing is slow.
- Burden sharing is unequal.
Solutions proposed
- Share information early through IMF and World Bank.
- Increase debt transparency.
- Ensure equal burden sharing among creditors.