2022 Annual Meetings Opening Press Conference

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2022 Annual Meetings Opening Press Conference

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A complex and interwoven set of historic challenges – COVID-19, war in Ukraine, high inflation, and food shortages – is having a devastating impact on the poor around the world. President David Malpass talked about the crisis of development facing the world and what the World Bank Group is doing to help countries confront it. He took questions from international media representatives covering the 2022 Annual Meetings.

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What happens if I miss the event? The recording will be available on this page shortly after the event ends. 

00:00 Welcome! Annual Meetings | Opening Press Conference
00:52 Opening remarks by WBG President David Malpass
06:02 Global recession and impact on low-income economies
08:26 Policy recommendations for Sub-Saharan Africa
11:38 Support for Egypt
15:39 Key risks to the global economic outlook and their impact on small economies
17:30 Ensuring the entry of public and private investments in Ukraine
19:45 Nigeria: Debt stance / Energy subsidies
23:29 Support to countries other than Ukraine
27:51 Potential expansion of bank lending capacity / Capital adequacy frameworks
31:34 Poverty alleviation, digitization, and cash transfers
33:34 Fossil fuel infrastructure
35:05 Closure

Speaker

Live Blog

Venkat Gopalakrishnan / World Bank:
Welcome to the 2022 IMF-World Bank Group Annual Meetings Opening Press Conference. My name is Venkat Gopalakrishnan and I am with the World Bank Group.

We will have the Press Conference with the World Bank Group President David Malpass starting soon. Stay tuned. Thank you very much for watching.

You can follow President Malpass on Twitter: https://twitter.com/DavidMalpassWBG

President Malpass spoke about the increase in poverty. You can find the latest edition of the Poverty and Shared Prosperity Report here - https://www.worldbank.org/...

Learn more about how the World Bank is helping Ukraine: https://www.worldbank.org/ukraine

The World Bank Group delivered a record $31.7 Billion in climate finance in Fiscal Year 2022. Learn more: https://www.worldbank.org/...

You can read a bit more about Scaling Climate Action by Lowering Emissions (SCALE) here: https://www.linkedin.com/pulse/...

Here is a factsheet on the World Bank Group’s climate work: https://www.worldbank.org/...

More info on the new World Bank report that says there is a rising risk of global recession in 2023 - https://www.worldbank.org/...

President Malpass is talking about the World Bank Group's commitments in Fiscal Year 2022. Learn more about it here - https://www.worldbank.org/...

You can also watch the press conference on YouTube here: https://youtu.be/PL6gtGwQow0

You can read about the World Bank's work in Egypt: https://www.worldbank.org/egypt

President Malpass referenced the World Bank's response to food insecurity crisis. Learn more here - https://www.worldbank.org/...

Learn more about the World Bank's operational strategy for Mongolia - https://www.worldbank.org/...

Learn more about the World Bank in Nigeria - https://www.worldbank.org/nigeria

President Malpass mentioned about the food security event that was held yesterday. You can watch a replay of the event here - https://live.worldbank.org/...

You can find the entire schedule of public events featuring topics including inclusive growth, food security, and climate change here - https://live.worldbank.org/event-finder

Venkat Gopalakrishnan / World Bank:
President Malpass has referred to the crisis facing development. He outlined the overlapping challenges in his speech at the Stanford University recently. You can read it here - https://www.worldbank.org/...

Read more about the World Bank's work in India - https://www.worldbank.org/india

That’s a wrap. Thank you for tuning in. A replay of the Press Conference will be available soon.

You can follow President Malpass on Twitter - https://twitter.com/DavidMalpassWBG


IMF World Bank Group Annual Meetings 2022 Livestreamed events

Join us for a series of live events on today’s pressing development challenges.

Oct. 10: Curtain Raiser
Oct. 11: Civil Society Townhall
Oct. 11: Inclusive Growth
Oct. 11: Food and Energy
Oct. 12: Ukraine Ministerial Roundtable
Oct. 12: Investing in Education
Oct. 13: Press Conference
Oct. 13: People and Planet
Oct. 14: Annual Meetings Plenary
Oct. 15: State of Africa Region
Oct. 15: Human Capital Conclave

Available with interpretation in ArabicFrench and Spanish.