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Remarks by World Bank Group President David Malpass at the World Government Summit

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

Summary written by Dark Majestic in its own words · topics: financial stability, public finances and debt

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· David Malpass Wiki · World Bank Group WikiRemarks by World Bank Group President David Malpass at the World Government Summit

ContextRemarks by World Bank Group President David Malpass at the World Government Summit.

Why it mattersMalpass urges reform of inefficient state-owned firms in the Gulf region.

Problems raised
  1. The world is in turmoil.
  2. State-owned enterprises are inefficient in MENA.
  3. Debt problems persist.
Solutions proposed
  1. Transform state-owned enterprises.
  2. Improve debt transparency.
  3. Push creditor committees to act faster.
Read full speech on worldbank.org ↗

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