Remarks at the UN General Assembly High-Level Event on Financing for Development
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...
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World Bank, Washington, DC
2020
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| Online Access: | 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 http://hdl.handle.net/10986/34560 |
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okr-10986-345602021-05-25T09:51:23Z Remarks at the UN General Assembly High-Level Event on Financing for Development Malpass, David CORONAVIRUS COVID-19 PANDEMIC RESPONSE DEBT RELIEF DEBT TRANSPARENCY DEBT MORATORIUM DEBT REDUCTION 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. 2020-10-02T13:42:01Z 2020-10-02T13:42:01Z 2020-09-29 Speech 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 http://hdl.handle.net/10986/34560 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 |
CORONAVIRUS COVID-19 PANDEMIC RESPONSE DEBT RELIEF DEBT TRANSPARENCY DEBT MORATORIUM DEBT REDUCTION |
| spellingShingle |
CORONAVIRUS COVID-19 PANDEMIC RESPONSE DEBT RELIEF DEBT TRANSPARENCY DEBT MORATORIUM DEBT REDUCTION Malpass, David Remarks at the UN General Assembly High-Level Event on Financing for Development |
| description |
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. |
| format |
Speech |
| author |
Malpass, David |
| author_facet |
Malpass, David |
| author_sort |
Malpass, David |
| title |
Remarks at the UN General Assembly High-Level Event on Financing for Development |
| title_short |
Remarks at the UN General Assembly High-Level Event on Financing for Development |
| title_full |
Remarks at the UN General Assembly High-Level Event on Financing for Development |
| title_fullStr |
Remarks at the UN General Assembly High-Level Event on Financing for Development |
| title_full_unstemmed |
Remarks at the UN General Assembly High-Level Event on Financing for Development |
| title_sort |
remarks at the un general assembly high-level event on financing for development |
| publisher |
World Bank, Washington, DC |
| publishDate |
2020 |
| url |
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 http://hdl.handle.net/10986/34560 |
| _version_ |
1764481163449073664 |