5min chapter

Business Daily cover image

A special interview with the boss of the World Bank

Business Daily

CHAPTER

World Bank President David Malpass

David Malpass was elected President of the World Bank in spring 2019. Since then, the world economy has been in freefall. Inflation has rocketed and that's pushed the cost of living up for everyone. Governments borrowed billions to get through lockdowns but it will take decades to pay them off. The poorest countries will be the worst affected by global debt crisis.

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