Cover Image
Read Now

Remarks by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors

These remarks were delivered by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors on October 11, 2022. The developing world is facing an extremely challenging outlook shaped by sharply higher food, fertilizer, and energy prices, rising interest rates and credit s...

Full description

Bibliographic Details
Main Author: Malpass, David
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2022
Series:Speeches of World Bank Presidents
Subjects:
Macroeconomics And Economic Growth
Inflation
Environment
Social Development
Climate Change And Agriculture
Climate Change
Climate Change Impacts
Agriculture
Developing Countries
Social Risk Management
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:These remarks were delivered by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors on October 11, 2022. The developing world is facing an extremely challenging outlook shaped by sharply higher food, fertilizer, and energy prices, rising interest rates and credit spreads, currency depreciation, capital outflows, and higher level of debts that adds to higher inflation, impacting especially the poor. With the current trends, the risks of a global recession in 2023 are high. The World Bank Group, together with the IMF, stands ready to continue working with the G20 to make progress in the debt agenda and we look forward to working with India's upcoming G20 Presidency on this

Similar Items