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April 9, 2021 – Toward a resilient recovery: My reflections on the World Bank Group's Spring Meetings

April 9, 2021 – Toward a resilient recovery: My reflections on the World Bank Group’s Spring Meetings
World Bank Group President David Malpass at the 2021 Spring Meetings. Photo credit: World Bank Group
As the 2021 World Bank Group – IMF Spring Meetings come to a close, I was very pleased with strong support from all shareholders, the G7, G20, and Development Committee for the World Bank’s actions on climate, debt, vaccines, and other development priorities. The World Bank Group has acted quickly to help as many countries as possible respond to the COVID-19 pandemic.
While I am pleased with the speed, scale, and quality of the WBG’s activities, I feel no complacency about the challenges that lie ahead. It’s time to move urgently toward opportunities and solutions that achieve sustainable and broad-based economic growth, and it is our collective efforts on poverty, climate, and inequality that will be the defining choices of our age. ....

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World Bank to provide COVID-19 finance to 50 countries by mid 2021, says President

Abuja, April 8, 2021 The World Bank will provide 50 countries with finance to buy COVID-19 vaccines by mid-2021, Mr David Malpass, World Bank Group President has said.
Malpass made this known on Wednesday in Washington D. C. during a news conference at the ongoing 2021 Spring Meetings which began on Monday.
The president said that for the first time in the bank’s history, it topped 100 billion dollars in commitments over a 12-month period.
He added that there had been a big surge in growth in the group’s activities in response to COVID-19.
On addressing debt issues for developing countries, he said the group was working actively in collaboration with the International Monetary Fund (IMF) on the common framework that the G20 established for dealing with debt overhang and debt burdens. ....

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World Bank Group (via Public) / IMF and World Bank Consider Sudan Eligible for Assistance Under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative

World Bank Group (via Public) / IMF and World Bank Consider Sudan Eligible for Assistance Under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative
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IMF and World Bank Consider Sudan Eligible for Assistance Under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative

IMF and World Bank Consider Sudan Eligible for Assistance Under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative
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Photo from the front page of DailySource

Photo from the front page of DailySource
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