Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support

David Malpass, President of the World Bank, discussed the severe health and economic impacts that the Coronavirus 2019 (COVID-19) pandemic and shut down have inflicted on developing countries. The World Bank Group’s goal was to provide rapid, flexible responses to...

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Main Author: Malpass, David
Format: Speech
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/111691600066978864/Remarks-by-World-Bank-Group-President-David-Malpass-During-Press-Call-on-100-Countries-Milestone-for-COVID-19-Coronavirus-Emergency-Health-Support
http://hdl.handle.net/10986/34489
id okr-10986-34489
recordtype oai_dc
spelling okr-10986-344892021-05-25T09:55:01Z Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support Malpass, David MEDICAL EQUIPMENT INVESTOR CONFIDENCE EMERGENCY RESPONSE CORONAVIRUS COVID-19 PANDEMIC RESPONSE HEALTHCARE SYSTEM TRADE FINANCE ECONOMIC RECOVERY EXTREME POVERTY DEBT BURDEN David Malpass, President of the World Bank, discussed the severe health and economic impacts that the Coronavirus 2019 (COVID-19) pandemic and shut down have inflicted on developing countries. The World Bank Group’s goal was to provide rapid, flexible responses to developing countries. That’s a way to protect the poorest, by providing cash and other expandable support on debt, also to maintain the private sector and bolster the economic recovery. He announced that the World Bank Group will finance emergency programs in 100 countries - that’s home to 70 percent of the world’s population. The programs are tailored to the countries to effectively respond to the health, economic, and social shocks that that country are facing. On May 1 the Bank marked the start of an official bilateral debt payment suspension for International Development Association (IDA) countries, those that request forbearance. It is an initiative launched with the International Monetary Fund (IMF’s) Managing Director in March and it was quickly endorsed by the G20 countries. 2020-09-18T15:11:35Z 2020-09-18T15:11:35Z 2020-05-19 Speech http://documents.worldbank.org/curated/en/111691600066978864/Remarks-by-World-Bank-Group-President-David-Malpass-During-Press-Call-on-100-Countries-Milestone-for-COVID-19-Coronavirus-Emergency-Health-Support http://hdl.handle.net/10986/34489 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: President's Speech
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic MEDICAL EQUIPMENT
INVESTOR CONFIDENCE
EMERGENCY RESPONSE
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
HEALTHCARE SYSTEM
TRADE FINANCE
ECONOMIC RECOVERY
EXTREME POVERTY
DEBT BURDEN
spellingShingle MEDICAL EQUIPMENT
INVESTOR CONFIDENCE
EMERGENCY RESPONSE
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
HEALTHCARE SYSTEM
TRADE FINANCE
ECONOMIC RECOVERY
EXTREME POVERTY
DEBT BURDEN
Malpass, David
Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support
description David Malpass, President of the World Bank, discussed the severe health and economic impacts that the Coronavirus 2019 (COVID-19) pandemic and shut down have inflicted on developing countries. The World Bank Group’s goal was to provide rapid, flexible responses to developing countries. That’s a way to protect the poorest, by providing cash and other expandable support on debt, also to maintain the private sector and bolster the economic recovery. He announced that the World Bank Group will finance emergency programs in 100 countries - that’s home to 70 percent of the world’s population. The programs are tailored to the countries to effectively respond to the health, economic, and social shocks that that country are facing. On May 1 the Bank marked the start of an official bilateral debt payment suspension for International Development Association (IDA) countries, those that request forbearance. It is an initiative launched with the International Monetary Fund (IMF’s) Managing Director in March and it was quickly endorsed by the G20 countries.
format Speech
author Malpass, David
author_facet Malpass, David
author_sort Malpass, David
title Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support
title_short Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support
title_full Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support
title_fullStr Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support
title_full_unstemmed Remarks During Press Call on 100 Countries Milestone for COVID-19 (Coronavirus) Emergency Health Support
title_sort remarks during press call on 100 countries milestone for covid-19 (coronavirus) emergency health support
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/111691600066978864/Remarks-by-World-Bank-Group-President-David-Malpass-During-Press-Call-on-100-Countries-Milestone-for-COVID-19-Coronavirus-Emergency-Health-Support
http://hdl.handle.net/10986/34489
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