Channel: World Bank

Category: Nonprofits & Activism

Tags: vulnerable communitiesworld bankeconomic growthincreasing debtleadersinternational cooperationpandemicinclusionresilient futuretechnical assistancefragile placesprosperitypovertyspring meetingsfood insecurityuncertaintiesclimate changecrisesglobal shockssustainable solutionsliteracy ratescovid-19international developmentinequalitydeveloping countriesinstabilitypolicy advicelive discussionsexpertsfragilityconflict

Description: World Bank Group President David Malpass will address the press during the International Monetary Fund and World Bank Group 2022 Spring Meetings. He will provide updates on the Bank Group’s efforts to respond to myriad crises around the world, as well as to help developing countries manage uncertainty and deliver green, resilient and inclusive development. Learn more: wrld.bg/EV2Q50INMwf 00:00 Welcome! 2022 Spring Meetings Press Conference 00:43 Opening remarks 08:21 Food security 10:22 Rising food prices 12:29 Support to Ukraine 14:17 Inflation in Mexico 15:49 Petrol subsidy in Nigeria 18:45 Oil importing states 21:37 Crisis response package for the poorest countries 24:53 Fragmentation of the world economy 27:42 Misallocation of capital by central banks 30:24 Closure of the press conference 💬 Video interpretations available in: - ARABIC youtu.be/5UANy_rgZLU - FRENCH youtu.be/VN_6e3q1SMo - SPANISH youtu.be/-qiG4Mt2TXU ABOUT WBG SPRING MEETINGS 2022: Preparing for future crises and strengthening international cooperation are essential to deliver a resilient recovery and a better future for those most in need. At these Spring Meetings - taking place in the shadow of war in Ukraine – the World Bank Group will convene leaders, experts and activists to discuss the impact of these global shocks on the most vulnerable communities. Learn more: wrld.bg/t1NM50IqzNC ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. worldbank.org