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Remarks by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors

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

Summary written by Dark Majestic in its own words · topics: inflation and price stability, climate, energy and nature, public finances and debt, development and emerging economies

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· David Malpass Wiki · World Bank Group WikiRemarks by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors

ContextRemarks by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors.

Why it mattersMalpass warns developing countries of a high global recession risk.

Problems raised
  1. Developing countries face higher food and energy prices.
  2. Rising rates and outflows add pressure.
  3. Global recession risk is high.
Solutions proposed
  1. Support food security projects like Egypt's.
  2. Help countries manage debt.
  3. Increase support to the poor.
Read full speech on worldbank.org ↗

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