While addressing weekly briefings, White House press secretary Karine Jean-Pierre said, "US nominated Ajay Banga to be president of the World Bank. President Biden himself said he is uniquely equipped to lead the world bank, he is a renowned business executive that has managed companies brin
Prime Minister Modi and Malpass discussed India in terms of "Amrit Kaal" and the goal to achieve and sustain 8 per cent growth as India approaches the 100th anniversary of its Independence in 2047.
Malpass will leave his position on June 30, the end of the World Bank's fiscal year, after serving more than four years in the role, said the World Bank.
Washington [US], June 7 (ANI/Xinhua): The global economy is on track to grow by 2.9 percent in 2022, down 1.2 percentage points from the January projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday, warning of stagflation risk.
Washington [US], April 23 (ANI): Union Finance Minister Nirmala Sitharaman met with World Bank President David Malpass in Washington on Friday and discussed several key economic issues including India's continued recovery from the COVID-19 pandemic and impact of Russia-Ukraine conflict.
Washington [US], April 19 (ANI/Sputnik): World Bank President David Malpass said on Tuesday that he and IMF Managing Director Kristalina Georgieva will hold talks with Ukrainian Prime Minister Denis Shmyhal on April 21 during the World Bank/IMF Spring meetings in Washington.
Warsaw [Poland], April 14 (ANI): China needs to improve its lending practices in the developing world, especially in terms of transparency in the loans it provides, according to the World Bank President.
Washington [US], March 15 (ANI/Sputnik): The World Bank is making $923 million in financial aid available for Ukraine, World Bank President David Malpass said on Monday.
Washington [US], February 28 (ANI/Sputnik): The world has enough energy suppliers to provide an alternative to Russia in the gas market within the next five years, World Bank President David Malpass said on Sunday.
Washington, DC [US], October 12 (ANI/Sputnik): Gross Domestic Product (GDP) in many emerging economies will return to pre-pandemic levels next year, while per capita income level in will take longer to recover, World Bank President David R. Malpass said on Monday.
Moscow [Russia] July 8 (ANI/Sputnik): The World Bank has expressed its readiness to continue to support Haiti following President Jovenel Moise's assassination, which reignited the Caribbean nation's socio-economic and political crises.
Washington [US], February 3 (ANI/Sputnik): 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.