World Bank Focused on Getting Cash to Poor Countries, Says David Malpass

The video discusses the World Bank's efforts to allocate resources effectively to combat poverty and support core businesses in developing countries. It highlights the importance of transparency in financial markets and the constraints faced in deploying resources. The discussion also covers the need for debt relief and grants, with a focus on China's role in debt forgiveness and the participation of commercial creditors and Gulf states. The video emphasizes the importance of creating confidence and a better environment for future economic recovery.

What is one of the primary focuses of the World Bank in supporting countries?

• Building new infrastructure

• Providing cash through social safety nets

• Increasing military spending

• Developing new technologies

How much money is the World Bank planning to deploy over the next 15 months?

• $100 billion

• $160 billion

• $200 billion

• $250 billion

What is a major challenge for the World Bank in deploying resources?

• Hiring more staff

• Finding new investors

• Managing exposure limits

• Building new offices

What type of financial support does the World Bank emphasize for the poorest countries?

• Loans with high interest

• Grants and debt relief

• Investment in luxury goods

• Funding for space exploration

Which country has agreed to participate in the debt repayment moratorium?

• China

• Brazil

• Russia

• India

What is the role of commercial creditors in the debt relief efforts?

• To withdraw from the market

• To provide new loans

• To accept a moratorium on repayment

• To increase interest rates

Why is China's participation in debt relief important?

• It has the largest military

• It is a major lender to developing nations

• It leads in technological innovation

• It controls global oil prices