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Remarks by World Bank Group President David Malpass at the 2022 Spring Meetings: “Making Debt Work for Development”

· 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, technology, ai and cyber risk

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· David Malpass Wiki · World Bank Group WikiRemarks by World Bank Group President David Malpass at the 2022 Spring Meetings: “Making Debt Work for Development”

ContextRemarks by World Bank Group President David Malpass at the 2022 Spring Meetings: “Making Debt Work for Development”.

Why it mattersMalpass wants collateralised debt included in transparency efforts.

Problems raised
  1. Debt must support development.
  2. Debt data are incomplete.
  3. Common Framework is slow.
Solutions proposed
  1. Improve debt transparency.
  2. Include SOE and collateralised debt data.
  3. Improve Common Framework implementation.
Read full speech on worldbank.org ↗

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