Remarks by World Bank Group President David Malpass to the Development Committee – 2022 Spring Meetings
These remarks were delivered by World Bank Group President David Malpass to the Development Committee at 2022 Spring Meetings on April 22, 2022. In the case of Ukraine, the World Bank Group is doing everything we can to assist during the crisis. We have already mobilized more than 3 billion dollars of support, enlarged by your grants, guarantees, and parallel financing. We are also exploring other innovative financing options to support countries hosting Ukrainian refugees. Together with the IMF and other IFIs we are sending a clear signal that we stand with the Ukrainian people during these difficult times. The World Bank Group has made significant progress over the past decade in our engagements with countries facing challenges across the full spectrum of fragility, conflict, and violence. The Bank expects to have committed 11 billion dollars to purchase and deploy vaccines by the end of our fiscal year, benefiting 81 countries. As the world faces crises of refugees and IDPs, digitalization is creating new jobs, expanding financial inclusion, and improving the delivery of health, education, and social protection programs. It is also increasing the quality of government services, enhancing accountability, and reducing opportunities for corruption. The World Bank Group can work with the public and private sectors, in collaboration with other development partners, to develop and expand access to solutions aimed at harnessing the full potential of digital transformation.
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| Format: | Speech biblioteca |
| Language: | English English |
| Published: |
World Bank, Washington, DC
2022-04-22
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| Subjects: | WTO, SUPPLY CHAINS, GLOBAL ECONOMY, FOOD SECURITY, INFLATION, INVASION OF UKRAINE, FERTILIZER COST, FRAGILITY, COVID-19 IMPACTS, |
| Online Access: | http://documents.worldbank.org/curated/en/099539104282226866/IDU0d3c63655030e0bb8308c57d5358fe6 http://hdl.handle.net/10986/37803 |
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| Summary: | These remarks were delivered by World
Bank Group President David Malpass to the Development
Committee at 2022 Spring Meetings on April 22, 2022. In the
case of Ukraine, the World Bank Group is doing everything we
can to assist during the crisis. We have already mobilized
more than 3 billion dollars of support, enlarged by your
grants, guarantees, and parallel financing. We are also
exploring other innovative financing options to support
countries hosting Ukrainian refugees. Together with the IMF
and other IFIs we are sending a clear signal that we stand
with the Ukrainian people during these difficult times. The
World Bank Group has made significant progress over the past
decade in our engagements with countries facing challenges
across the full spectrum of fragility, conflict, and
violence. The Bank expects to have committed 11 billion
dollars to purchase and deploy vaccines by the end of our
fiscal year, benefiting 81 countries. As the world faces
crises of refugees and IDPs, digitalization is creating new
jobs, expanding financial inclusion, and improving the
delivery of health, education, and social protection
programs. It is also increasing the quality of government
services, enhancing accountability, and reducing
opportunities for corruption. The World Bank Group can work
with the public and private sectors, in collaboration with
other development partners, to develop and expand access to
solutions aimed at harnessing the full potential of digital transformation. |
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