The World Bank has a new president. Stepping into the role unchallenged, former U.S. Treasury official David Malpass made his foray into leadership during the World Bank Spring Meetings amidst myriad questions and concerns from development and civil society actors about his priorities.
Following former President Jim Kim’s contentious reforms and Malpass’ own controversial statements on lending to China, climate funding and multilateralism, the future of the institution and how its direction might shift were unclear — but throughout a busy week of meetings, panels, and press conferences, some early signals about Malpass’ vision for the institution emerged.
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