Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Malpass, who was nominated by former President Donald Trump, said the end of the bank’s fiscal year was a good time for change. “And then, for me personally, it would have been over four years, which is a long time in a job.” Malpass said he doesn’t have any specific follow-on plans. “It’s a good […]
Yellen said the United States would soon nominate a replacement for Malpass and the bank’s board is expected to begin a “transparent, merit-based and speedy nomination process for the next President of the World Bank”. By long-standing tradition, the US government chooses the head of the World Bank, while European leaders choose the leader of […]
Malpass also said he was concerned about the build-up of debt in advanced economies such as the United States, as it draws more capital from developing countries. “And so as interest rates rise, debt service for advanced economies tends to rise, and that requires a larger amount of capital from the world.” china meeting Malpass […]
