Remarks by World Bank Group President David Malpass at World Bank Group 2022 Spring Meetings Ministerial Roundtable for Support to Ukraine
These remarks were delivered by World Bank Group President David Malpass at World Bank Group 2022 Spring Meetings Ministerial Roundtable for Support to Ukraine on April 21, 2022. He said that he has been deeply horrified and shocked by Russia’s inv...
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| Format: | Speech |
| Language: | English English |
| Published: |
World Bank, World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099035404222210588/IDU03f5aa40909030b75e037909ae8e7e2 http://hdl.handle.net/10986/37782 |
| Summary: | These remarks were delivered by World
Bank Group President David Malpass at World Bank Group 2022
Spring Meetings Ministerial Roundtable for Support to
Ukraine on April 21, 2022. He said that he has been deeply
horrified and shocked by Russia’s invasion of Ukraine, the
atrocities committed against the civilian population, and
the loss of life and livelihoods for millions of Ukrainians.
He mentioned that since the invasion, the World Bank Group
has provided fast-disbursing financial support to help the
government provide critical services, pay wages for hospital
workers, public servants, and the elderly. He insisted that
It will be important for all partners to continue
coordinating their support for Ukraine’s budget needs. He
described that the World Bank Group is working toward three
phases of the recovery effort of relief, recovery, and
resilience. He said that as the war continues, the World
Bank Group will work to build confidence in Ukraine’s
financial, monetary, and fiscal institutions, fostering
currency stability as they go forward. He mentioned that
rebuilding will take hard work, determination, and struggle,
but he remains optimistic. He concluded by saying that with
our collective support, Ukraine can achieve a brighter future. |
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