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Remarks by World Bank Group President David Malpass at the 2022 International Anti-Corruption Conference

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

Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, public finances and debt, development and emerging economies, growth, investment and productivity

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· David Malpass Wiki · World Bank Group WikiRemarks by World Bank Group President David Malpass at the 2022 International Anti-Corruption Conference

ContextRemarks by World Bank Group President David Malpass at the 2022 International Anti-Corruption Conference.

Why it mattersMalpass links hidden debts to corruption.

Problems raised
  1. Corruption threatens growth and democratic stability.
  2. Corruption steals from the poor.
  3. Hidden debts undermine transparency.
Solutions proposed
  1. Incentivise debt transparency through IDA's financing policy.
  2. Disclose loan terms and payment schedules.
  3. Work with FATF bodies to fight money laundering.
Read full speech on worldbank.org ↗

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