World Bank chief Malpass to target China debt transparency

The new World Bank president used his first public statement to pledge to increase efforts to ensure China was more transparent in its lending to Africa.

  • By Phil Thornton
  • 11 Apr 2019

During Thursday’s speech, David Malpass, who had taken the multilateral lender’s reins just two days before, said that while countries could use loans to enhance growth, a major build-up in opaque debt could be a drag on their economies.

He also committed to reducing the amount the bank ...

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