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Remarks by World Bank Group President David Malpass to the G20 Leaders’ Summit – Session One : Global Economy and Health (Английский)

This report discusses the remarks delivered by World Bank Group President David Malpass to the G20 Leaders’ Summit – Session One: Global Economy and Health on October 30, 2021. He discusses: the developing world faces multiple severe problems. The pandemic and the scarcity of COVID-19 vaccines are the most immediate. In addition, the recovery is being undercut by inflation, energy shortages, and the breakdown of the supply chain. The multiple problems are causing devastating reversals in development. Poverty rates are rising, and literacy rates have dropped due to school closures. Progress on gender equality and education of girls have also reversed. Fragility and insecurity have become more common in dozens of countries, including in Sudan. The World Bank Group has mobilized the largest and fastest crisis response in our history. Thank you all for your encouragement and strong support. Much more will be needed by all of us in terms of resources, energy, and actions.

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