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World Bank, IMFC seek reduction, restructuring to check debt distress
5 years agoWASHINGTON, DC - MARCH 04: World Bank Group President David Malpass speaks during a joint press conference with IMF Managing Director Kristalina Georgieva on the recent developments of the coronavirus, COVID-19, and the organizations' responses on March 4, 2020 in Washington, DC. It was announced yesterday that the Annual Spring Meetings held by the IMF and World Bank in Washington, DC have been changed to virtual meetings due to concerns about COVID-19. Samuel Corum/Getty Images/AFP
President of the World Bank Group, David Malpass, is seeking cooperation of the global community on a set of action points to prevent the looming debt crisis.
