World Bank's David Malpass talks 'decentralization' and private investment

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Devex  | Wed, May 15, 2019

by Adva Saldinger

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WASHINGTON — World Bank President David Malpass outlined a growing country focus at the bank in a speech on Tuesday where he also called on governments to make structural reforms and to create the building blocks for successful private sectors.

Malpass described his goals for the World Bank Group as helping developing countries “do well.”

“What I would like to see is countries that are true breakthroughs — that often involves strong leadership but also a good systemic reform program to make it attractive for private sector investment,” he said at the annual Global Private Equity Conference in Washington, D.C.

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