For the World Bank Group (WBG), it is unlikely to resume direct aid to Afghanistan due to challenges in the payment system of the country, said David Malpass, head of the WBG. ...
World Bank Group President David Malpass said on Wednesday that the COVID-19 pandemic is pushing up poverty and debt levels in low-income countries, highlighting a "tragic reversal" in development. ...
Despite challenges from the Covid-19 pandemic, the global economy is expected to remain strong and expand 5.6 per cent in 2021, the fastest post-recession pace in 80 years relying on strong rebounds from a few major economies, the World Bank said on ...
US Treasury Secretary Janet Yellen discussed in a telephone call with World Bank President David Malpass coordination on COVID-19 response, vaccine access to the poorest countries and climate change. ...
