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Remarks at the World Health Organization Media Briefing on COVID-19 and Vaccine Equity

(World Bank, Washington, DC, 2021-06-01) Malpass, David

World Bank Group President David Malpass stated that the immediate priority is for countries that have sufficient supply to quickly release doses to countries that have vaccination deployment programs. He said that by the end of June, the World Bank will have approved vaccination operations in over 50 countries. It is vital to speed up the supply chain. The World Bank is providing transparent access to very detailed information about projects through an online portal available at https://www.worldbank.org/vaccines. He urged other development partners to publish detailed information about their vaccine financing and deployment programs and their delivery schedules. The World Bank is also working to expand supply and will be making announcements of investments by IFC, the World Bank Group’s private sector development arm.
Remarks at the Human Capital Conclave

(World Bank, Washington, DC, 2021-04-05) Malpass, David

David Malpass, President of the World Bank, discussed the importance of investing in human capital for a green, resilient, and inclusive recovery from the Coronavirus disease crisis. He highlighted three important measures: 1) investing in people; 2) efficient expenditures and good governance; and 3) freeing up fiscal space.
Health at a Glance: Latin America and the Caribbean 2020

(Paris: OECD Publishing, 2020-12-21) OECD ; World Bank

This report presents key indicators on health and health systems in 33 Latin America and the Caribbean countries. This first Health at a Glance publication to cover the Latin America and the Caribbean region was prepared jointly by OECD and the World Bank. Analysis is based on the latest comparable data across almost 100 indicators including equity, health status, determinants of health, health care resources and utilisation, health expenditure and financing, and quality of care. The editorial discusses the main challenges for the region brought by the COVID‑19 pandemic, such as managing the outbreak as well as mobilising adequate resources and using them efficiently to ensure an effective response to the epidemic. An initial chapter summarises the comparative performance of countries before the crisis, followed by a special chapter about addressing wasteful health spending that is either ineffective or does not lead to improvement in health outcomes so that to direct saved resources where they are urgently needed.
Remarks to the World Food Programme Executive Board

(World Bank, Washington, DC, 2020-11-16) Malpass, David

World Bank Group President David Malpass spoke about how in its first year, the Coronavirus (COVID-19) pandemic is pushing one hundred fifty million people into extreme poverty, ending two decades of steady progress on poverty reduction. Coronavirus (COVID-19) has altered every aspect of commercial activity and trade, shrinking gross domestic products (GDP), fueling a debt crisis and triggering severe food crises. He cautioned about the long-standing problems in the global food system, and how World Food Programme (WFP) and Food and Agriculture Organization (FAO) has estimated that the number of people facing acute food insecurity will double to two hundred sixty-five million people in 2020. He spoke about working along with IMF on effective approaches for debt reduction and debt resolution to address low income countries’ unsustainable debt burdens. He highlighted on establishing a fast-track Coronavirus (COVID) response that has delivered emergency support to one hundred twelve countries so far. He explained that in response to the global food security crisis, the World Bank Group has significantly stepped up investments to strengthen food security in client countries.
Remarks to the Annual Meetings 2020 Development Committee

(World Bank, Washington, DC, 2020-10-16) Malpass, David

David Malpass, President of the World Bank Group, announced that the Board approved a fast track approach to emergency health support programs that now covers 111 countries. Most projects are well advanced, with average disbursement upward of 40 percent. The goal is to take broad, fast action early. The operational framework presented back in June has positioned the Bank to help countries address immediate health threats and social and economic impacts and maintain our focus on long-term development. The Bank is making good progress toward the 15-month target of 160 billion dollars in surge financing. Much of it is for the poorest countries and will take the form of grants or low-rate, long-maturity loans. IFC, through the Global Health Platform, will be providing financing to vaccine manufacturers to foster expanded production of COVID-19 vaccines in both part 1 and 2 countries, providing production is reserved for emerging markets. The Development Committee holds a unique place in the international architecture. It is the only global forum in which the Governments of developed countries and the Governments of developing countries, creditor countries and borrower countries, come together to discuss development and the ‘net transfer of resources to developing countries.’ The current International Financial Architecture system is skewed in favor of the rich and creditor countries. It is important that all voices are heard, so Malpass urged the Ministers of developing countries to use their voice and speak their minds today. Malpass urged consideration of how we can build a new approach to debt restructuring that allows for a fair relationship and balance between creditors and debtors. This will be critical in restoring growth in developing countries; and helping reverse the inequality.
When We're Sixty-Four: Opportunities and Challenges for Public Policies in a Population-Aging Context in Latin America

(Washington, DC: World Bank, 2020-10-02) Rofman, Rafael ; Apella, Ignacio

Latin American countries are in the midst of a demographic transition and, as a consequence, a population-aging process. Over the next few decades, the number of children will decline relative to the number of older adults. Population aging is the result of a slow but sustained reduction in mortality rates, given increases in life expectancy and fertility. These trends reflect welcome long-term improvements in welfare and in economic and social development. But this process also entails policy challenges: many public institutions—including education, health, and pension systems and labor market regulations—are designed for a different demographic context and will need to be adapted. When We’re Sixty-Four discusses public policies aimed at overcoming the two main challenges facing Latin American countries concerning the changing demographics. On one hand, older populations demand more fiscal resources for social services, such as health, long-term care, and pensions. On the other, population aging produces shifts in the proportion of the population that is working age, which may affect long-term economic growth. Aging societies risk losing dynamism, being exposed to higher dependency rates, and experiencing lower savings rates. Nonetheless, in the interim, Latin American countries have a demographic opportunity: a temporary decline in dependency rates creates a period in which the share of the working-age population, with its associated saving capacity, is at its highest levels. This constitutes a great opportunity in the short term because the higher savings may result in increases in capital endowment per worker and productivity. For that to happen, it is necessary to generate institutional, financial, and fiscal conditions that promote larger savings and investment, accelerating per capita economic growth in a sustainable way.
Remarks at the UNGA High Level Side Event on Accelerating the End of the COVID-19 Pandemic

(World Bank, Washington, DC, 2020-09-30) Malpass, David

David Malpass, President of the World Bank Group, remarked that the World Bank Group is determined to take action to help people in developing countries gain access to safe vaccines and distribution systems. Economies, families, and livelihoods cannot recover fully until all people are able to work, socialize, travel, and live their lives with hope and confidence. Broad, rapid, and affordable access to COVID vaccines will be at the core of a resilient economic recovery that lifts everyone. The COVID-19 pandemic has caused the steepest economic contraction in 90 years. The Bank estimates that the pandemic could push over 150 million people into extreme poverty by 2021. The negative impact on human capital will be deep and may last decades. During the pandemic, over a billion children have been out of school and 80 million children are missing out on basic childhood vaccinations. This additional financing will be to low- and middle-income developing countries that don’t have adequate access and helping them alter the course of the pandemic for their people. This vaccine financing is additional to the COVID fast-track health financing announced in March and is an important part of the World Bank Group’s intention to make available 160 billion dollars in grants and financial support over a 15-month period to help developing countries respond to the health, social, and economic impacts of COVID-19.
Building Human Capital for the Institutional Strengthening of the Nicaraguan Ministry of Health

(World Bank, Washington, DC, 2020-07) Gordillo-Tobar, Amparo ; Herrera, Emilce ; Rodriguez, Evelyn

The Nicaraguan Ministry of Health of through the Health Education Directorate implements the Guideline 8 of the National Health Policy, which states the development of Human Talent as an essential axis for transforming the National Health System, because human resources are the most decisive factor for bringing about changes towards an effective, efficient and humanized approach to care. To do so, it has formulated staff education and training programs to help improve and deepen continuously the Family and community health model (MOSAFC) healthcare delivery and management model. Through the technical and financial support of the strengthening the public health care system project, the Ministry of Health (MINSA) implements a health continuing education process that includes in-service training, public health system workers' knowledge update, and community network training for midwives and voluntary collaborators.
Nicaragua: Integration of Natural Medicine and Complementary Therapies, Revival of Traditional Ancestral Medicine in Indigenous Peoples and Afro-descendants

(World Bank, Washington, DC, 2020-07) Mendoza, Maria Jose ; Aviles, Maritza Ruiz ; Gordillo-Tobar, Amparo ; Colchao, Maria ; Herrera, Emilce ; Rodriguez, Evelyn

Since its inception in 2014, the Institute of Natural Medicine and Complementary Therapies (IMNTC) has set up a strategy for providing, promoting, and developing traditional and natural medicine and complementary therapies based on two key lines of action: revival of ancestral knowledge and practices of indigenous peoples and afro-descendants, and integration of IMNTC into the community and family health model (MOSAFC). Based on this and with World Bank (WB) - led technical and financial support under the Strengthening the Public Health Care System Project, the healthcare staff training plan is being implemented, along with the promotion, education, and dissemination of natural medicine, research, and the strengthening of complementary therapy and holistic pain management clinics nationwide.
Remarks at High-Level Event on Financing for Development in the Era of COVID-19 and Beyond

(World Bank, Washington, DC, 2020-05-28) Malpass, David

David Malpass, World Bank Group President, spoke at the United Nations high-level event on financing for development in the era of Coronavirus (COVID-19) and Beyond. He spoke about two institutions, the IMF and World Bank working closely together on financial and economic challenges, including and especially those affecting the world’s poor. He highlighted on the announcement of milestone by IMF and World Bank Group that emergency health operations approved and up and running in over hundred developing countries. He described the new support programs that, in following weeks, will help developing countries overcome the pandemic and reclaim focus on growth and sustainable development. He invited the participants of the UN event to join the efforts with additional financing. He strongly welcomed the prompt support of the G20 countries for a suspension of debt service by all official bilateral creditors, which included G20 endorsement for comparable treatment by commercial creditors. He said that the World Bank Group is supporting countries that are participating in the moratorium. He welcomed President Xi Jinping’s recent commitment to China’s full participation in the debt moratorium. He invited commercial creditors to agree on terms of reference to encourage their participation, especially given the focus of the initiative on debt relief for the IDA countries, the world’s poorest. He mentioned that the UN’s call for Multilateral Development Bank debt suspension would be harmful to the world’s poorest countries. He spoke about the recent mischaracterizations by parts of the UN regarding the World Bank Group’s involvement as an observer to Egypt, Ethiopia, and Sudan’s negotiations regarding the Grand Ethiopian Renaissance Dam. He concluded by saying that the World Bank Group now has available COVID-19 financing programs in over one hundred developing countries, and invited use of those pathways to expand the financing of the health emergency and expand the response so that we can meet the full brunt of the crisis in the world’s poorest countries.