Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass
These opening remarks were delivered by World Bank Group President David Malpass at Spring Meetings Press Conference on April 20, 2022. He said that we are facing COVID-19, inflation, and the war in Ukraine. He spoke about the World Bank Group has...
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099921104212213654/IDU09077faf70c080b8ea0bdc3e30ec9ee http://hdl.handle.net/10986/37771 |
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okr-10986-377712022-07-27T05:10:40Z Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass Malpass, David COVID-19 INFLATION WAR IN UKRAINE AID TO UKRAINE COUNTRY CLIMATE AND DEVELOPMENT REPORTS (CCDRS) CLIMATE CHANGE ACTION PLAN DEVELOPING COUNTRY DEBT PRESSURE These opening remarks were delivered by World Bank Group President David Malpass at Spring Meetings Press Conference on April 20, 2022. He said that we are facing COVID-19, inflation, and the war in Ukraine. He spoke about the World Bank Group has been acting fast in the face of the crises: first the Coronavirus (COVID-19) surge financing in over the last two years, which was one of the fastest and largest in our history; and now putting money into Ukraine and have moved quickly both to commitments and disbursements, including nearly 1.5 billion dollars that he announced in Poland last week. He mentioned that the World Bank Group is also working actively on climate, through its Climate Change Action Plan and the formation of Country Climate and Development Reports (CCDRs), which will identify the high priority items country by country, in their efforts to mitigate and to adapt to climate change. He was intrigued to see and welcomed India's moves the day before and that day to begin to sell from its stockpiles. He said that one of the solutions for the world is to recognize that markets are forward looking. He mentioned that the central banks can use tools that add to supply and that allow capital allocation to be improved. He concluded by saying that as interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions. 2022-07-26T21:32:06Z 2022-07-26T21:32:06Z 2022-04-20 Speech http://documents.worldbank.org/curated/en/099921104212213654/IDU09077faf70c080b8ea0bdc3e30ec9ee http://hdl.handle.net/10986/37771 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC President's Speech Speeches of World Bank Presidents [collection under construction] :: Speeches by David R. Malpass (2019 to present) |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
| topic |
COVID-19 INFLATION WAR IN UKRAINE AID TO UKRAINE COUNTRY CLIMATE AND DEVELOPMENT REPORTS (CCDRS) CLIMATE CHANGE ACTION PLAN DEVELOPING COUNTRY DEBT PRESSURE |
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COVID-19 INFLATION WAR IN UKRAINE AID TO UKRAINE COUNTRY CLIMATE AND DEVELOPMENT REPORTS (CCDRS) CLIMATE CHANGE ACTION PLAN DEVELOPING COUNTRY DEBT PRESSURE Malpass, David Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass |
| description |
These opening remarks were delivered
by World Bank Group President David Malpass at Spring
Meetings Press Conference on April 20, 2022. He said that we
are facing COVID-19, inflation, and the war in Ukraine. He
spoke about the World Bank Group has been acting fast in the
face of the crises: first the Coronavirus (COVID-19) surge
financing in over the last two years, which was one of the
fastest and largest in our history; and now putting money
into Ukraine and have moved quickly both to commitments and
disbursements, including nearly 1.5 billion dollars that he
announced in Poland last week. He mentioned that the World
Bank Group is also working actively on climate, through its
Climate Change Action Plan and the formation of Country
Climate and Development Reports (CCDRs), which will identify
the high priority items country by country, in their efforts
to mitigate and to adapt to climate change. He was intrigued
to see and welcomed India's moves the day before and
that day to begin to sell from its stockpiles. He said that
one of the solutions for the world is to recognize that
markets are forward looking. He mentioned that the central
banks can use tools that add to supply and that allow
capital allocation to be improved. He concluded by saying
that as interest rates rise, the debt pressures are mounting
on developing countries, and we need to move urgently
towards solutions. |
| format |
Speech |
| author |
Malpass, David |
| author_facet |
Malpass, David |
| author_sort |
Malpass, David |
| title |
Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass |
| title_short |
Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass |
| title_full |
Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass |
| title_fullStr |
Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass |
| title_full_unstemmed |
Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass |
| title_sort |
spring meetings press conference opening remarks by world bank group president david malpass |
| publisher |
World Bank, Washington, DC |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/099921104212213654/IDU09077faf70c080b8ea0bdc3e30ec9ee http://hdl.handle.net/10986/37771 |
| _version_ |
1764487741134864384 |