Decoding Debt: Getting Transparency Right

Rising debt levels pose a challenge to the global effort to end extreme poverty and achieve other Sustainable Development Goals by 2030. To meet these goals, countries will need to invest at least 4.5% of national GDP each year on infrastructure alone. They will need to find ways to finance these investments without letting debt grow to unmanageable levels.

Debt transparency, as a result, has become an urgent priority—and the World Bank Group is stepping up its efforts in this area. This panel will bring together a diverse group of experts—representing the perspectives of governments, investors, and civil society organizations—to address three key questions: 1) Why is debt transparency important? 2) Why is it lacking in so many low-income countries? 3) What must be done to create the right incentives for greater debt transparency?

Read the chat below!

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Speakers

David R. Malpass, President of the World Bank Group

President, World Bank Group

Visiting Fellow at the Center for Global Development

Thomas D. Cabot Professor at Harvard University.

Minister of Finance, Budget and National Planning, Nigeria

Julie Monaco, Managing Director, Citi

Managing Director, Citi

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