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World Bank board to interview U.S. nominee Ajay Banga in early May: SourcesCurrent president David Malpass informed the board on Tuesday that his last day would be June 1, the sources said.- World Bank chief raises 2023 global growth outlook slightly, eyes debt progressWorld Bank Group President David Malpass told a media briefing that the upward revision was due to an improved outlook for China's recovery...
- India can grow at 8%; the time is right to draw investment, says World Bank PresidentThis is the right time for India to attract investment amid a global diversification of supply chains and manufacturing, he told ET in an i...
- World Bank chief David Malpass to step down earlyDavid Malpass was appointed to the role in 2019 when Donald Trump was president and previously served as Under Secretary of the Treasury fo...
- World dangerously close to recession, warns World Bank President"We are focused on helping people get ahead in developing countries, and right now there have been reversals. The countries, of course, are...
- India's support to poor during COVID-19 remarkable, says World Bank President David MalpassCOVID-19 marked the end of a phase of global progress in poverty reduction. During the three decades that preceded its arrival, more than 1...
- World Bank President David Malpass sees risk of stagflation, likely recession in EuropeIn a speech at Stanford University, Malpass said there was an increased likelihood of recession in Europe, while China's growth was slowing...
- World Bank President David Malpass won't resign despite criticism of his climate viewsWorld Bank President David Malpass faced the ire of climate advocates who called for him to resign because of his climate change views. He ...
- World Bank estimates Ukraine infrastructure damage at $60 billion so farMalpass told a World Bank conference on Ukraine's financial assistance needs that the early estimate of "narrow" damage costs does not incl...
- World Bank says war to cut global growth, boosts financing targetMalpass told reporters on a conference call that the World Bank was responding to the added economic stresses from the war by proposing a n...
- Diversifying supply chains from China 'probably good for everyone': World Bank chiefSpeaking at an event in Warsaw, he said China also needed to be part of a value system shared by other countries in the global trading syst...
- World Bank preparing $1.5 billion aid package for UkraineThe plan still needs full approval by the World Bank's board of directors in coming weeks, a World Bank spokesperson said.
- Indian economy is recovering from COVID-19 crisis; says World Bank PresidentMalpass said he went to India in late 2019 and saw the changes that were being made that were quite positive in terms of the banking system...
- World Bank warns G20 against doing too little now to address debt problems"The debt challenges are becoming more frequent, including in Chad, Angola, Ethiopia and Zambia where, in the absence of more permanent deb...
- World experiencing one of the deepest recessions since Great Depression due to Covid: World Bank"The recession has been deep, one of the deepest since the Great Depression. And for many developing countries, and for the people in the p...
- Estimates suggest much deeper global downturn due to coronavirus pandemic than Great Recession: World BankWorld Bank President David Malpass said while the tragic impacts of the COVID-19 pandemic are being felt globally, this crisis will likely ...
- World Bank's Malpass upbeat on prospects for progress on debt reliefMalpass last month said IDA countries faced official bilateral debt service obligations of $14 billion through the end of 2020.
- World Bank President David Malpass to visit India, Pakistan later this monthOn the recent growth rate projections by the IMF and World Bank, President David Malpass refrained from giving any response and said that t...
- Trump introduces World Bank critic David Malpass to lead itMalpass, who is now Trump's undersecretary for international affairs at the Treasury Department, has been a sharp critic of the 189-nation ...
- No IMF money to Pakistan to repay Chinese debt: US"We are working and making clear within the IMF that if it were going to supply any funding to Pakistan it would not be used to repay Chine...
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