Speech

Remarks to G20 Leaders’ Virtual Summit

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https://openknowledge.worldbank.org/handle/10986/5995
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https://openknowledge.worldbank.org/handle/10986/5996
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https://openknowledge.worldbank.org/handle/10986/5998
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https://openknowledge.worldbank.org/handle/10986/6001
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https://openknowledge.worldbank.org/handle/10986/6002
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https://openknowledge.worldbank.org/handle/10986/32342
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French PDFs Available
collection.name.131
Arabic PDFs Available
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Chinese PDFs Available
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Russian PDFs Available
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Spanish PDFs Available
collection.name.329
A. Speeches by David R. Malpass (2019 to present)
dc.contributor.author
Malpass, David
dc.date.accessioned
2020-04-02T19:22:05Z
dc.date.available
2020-04-02T19:22:05Z
dc.date.issued
2020-03-26
dc.date.lastModified
2020-10-28T10:03:56Z
dc.description.abstract
World Bank Group President David Malpass explained the World Bank Group's work to take broad swift action to respond to the coronavirus pandemic. He spoke about finalizing an additional package that will focus on the broader economic consequences. He was concerned about the poor and densely populated countries like India and how the Bank is working hard to provide support through Bank's public and private sector tools. He highlighted the role of private sector support which is critical. He mentioned the Bank working closely with the IMF and WHO, among others, to determine needs assessments of client countries. He also highlighted the importance of addressing debt vulnerabilities as this crisis will hit hardest poor countries that have high levels of indebtedness. He spoke about how the Bank urged many of the G20 leaders and other official bilateral creditors to suspend debt payments due from IDA countries, effective immediately to determine what kind of debt relief or restructuring is needed. He concluded by saying that the World Bank Group and the IMF are working quickly to flesh out an approach for debt relief for poorer countries.
en
dc.identifier
http://documents.worldbank.org/curated/en/964171585579938056/Remarks-by-World-Bank-Group-President-David-Malpass-to-G20-Leaders-Virtual-Summit
dc.identifier.uri
http://hdl.handle.net/10986/33522
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
DEBT SUSTAINABILITY
dc.subject
DEBT DISTRESS
dc.subject
CORONAVIRUS
dc.subject
COVID-19
dc.subject
DEBT RELIEF
dc.subject
IDA LENDING
dc.title
Remarks to G20 Leaders’ Virtual Summit
en
dc.type
Speech
en
okr.crossref.title
Remarks to G20 Leaders’ Virtual Summit
okr.date.disclosure
2020-03-30
okr.doctype
President's Speech
okr.docurl
http://documents.worldbank.org/curated/en/964171585579938056/Remarks-by-World-Bank-Group-President-David-Malpass-to-G20-Leaders-Virtual-Summit
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b087787471_2_0
okr.identifier.internaldocumentum
31910308
okr.identifier.report
147143
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/964171585579938056/pdf/Remarks-by-World-Bank-Group-President-David-Malpass-to-G20-Leaders-Virtual-Summit.pdf
en
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Finance and Financial Sector Development :: Concessional Finance and Global Partnerships
okr.topic
Finance and Financial Sector Development :: Debt Relief and HIPC
okr.topic
Health, Nutrition and Population :: Disease Control & Prevention
okr.topic
Health, Nutrition and Population :: Public Health Promotion
okr.topic
Macroeconomics and Economic Growth :: Economic Conditions and Volatility
okr.unit
Office of the President (EXC)

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