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Spring Meetings Press Conference Opening Remarks: World Bank Group President David Malpass

· 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, trade, fragmentation and geopolitics

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· David Malpass Wiki · World Bank Group WikiSpring Meetings Press Conference Opening Remarks: World Bank Group President David Malpass

ContextPress conference opening remarks during the 2022 Spring Meetings; the World Bank fights poverty amid Covid, inflation and the war in Ukraine.

Why it mattersMalpass cuts growth forecasts and urges action on debt.

Problems raised
  1. COVID, inflation and war hit the world.
  2. Growth forecasts are cut.
  3. Debt pressures mount.
Solutions proposed
  1. Implement the Climate Change Action Plan.
  2. Use Country Climate and Development Reports.
  3. Move urgently on debt.
Read full speech on worldbank.org ↗

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