Speech

Remarks at the UN General Assembly High-Level Event on Financing for Development

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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
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Arabic PDFs Available
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Chinese PDFs Available
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Russian PDFs Available
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A. Speeches by David R. Malpass (2019 to present)
dc.contributor.author
Malpass, David
dc.date.accessioned
2020-10-02T13:42:01Z
dc.date.available
2020-10-02T13:42:01Z
dc.date.issued
2020-09-29
dc.date.lastModified
2020-10-28T10:03:54Z
dc.description.abstract
World Bank Group President David Malpass provided an update on the World Bank’s development finance actions during this part of the pandemic. He spoke about the first goal in the Coronavirus (COVID-19) response was for the World Bank to take broad, fast action early and to provide large net positive flows to the world’s poorest countries. He mentioned that together with the IMF, and the World Bank Group (WBG) are making progress on debt transparency and relief. He described the IMF and WBG working to extend and broaden the debt moratorium and lay the foundations for debt reduction and would welcome the UN’s vocal support for full participation by all official bilateral creditors, including national policy banks. He also spoke about IMF and WBG working to expand fast-track Coronavirus (COVID-19) programs to include financing for the purchase and distribution of vaccines. He cautioned that the countries will also need to prepare for a different economy post-COVID, by allowing capital, labor, skills and innovation to move into new businesses and sectors. He concluded by saying that If we take action early with the large creative programs and sources of financing, we can help countries as the IMF Managing Director puts it, build forward a better and stronger, a greener, smarter and more equitable economy.
en
dc.identifier
http://documents.worldbank.org/curated/en/698611601546314578/Remarks-by-World-Bank-Group-President-David-Malpass-at-the-UN-General-Assembly-High-Level-Event-on-Financing-for-Development
dc.identifier.uri
http://hdl.handle.net/10986/34560
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
CORONAVIRUS
dc.subject
COVID-19
dc.subject
PANDEMIC RESPONSE
dc.subject
DEBT RELIEF
dc.subject
DEBT TRANSPARENCY
dc.subject
DEBT MORATORIUM
dc.subject
DEBT REDUCTION
dc.title
Remarks at the UN General Assembly High-Level Event on Financing for Development
en
dc.type
Speech
en
okr.crossref.title
Remarks at the UN General Assembly High-Level Event on Financing for Development
okr.date.disclosure
2020-10-01
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: President's Speech
okr.docurl
http://documents.worldbank.org/curated/en/698611601546314578/Remarks-by-World-Bank-Group-President-David-Malpass-at-the-UN-General-Assembly-High-Level-Event-on-Financing-for-Development
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b087e48792_1_0
okr.identifier.internaldocumentum
32453386
okr.identifier.report
153434
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/698611601546314578/pdf/Remarks-by-World-Bank-Group-President-David-Malpass-at-the-UN-General-Assembly-High-Level-Event-on-Financing-for-Development.pdf
en
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
Governance :: International Governmental Organizations
okr.topic
Macroeconomics and Economic Growth :: Development Economics & Aid Effectiveness
okr.unit
Office of the President (EXC)

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